For many, the term EV or affidavit is known, but due to a lack of experience, they cannot do much with it. An EV always means financial exclusion from everyday life for those affected. Many banks refuse to open a checking account, there is no cell phone contract and there is no credit at all. However, when does an EV occur and what exactly are the consequences of it?

The affidavit

The affidavit

With an affidavit, the person concerned must disclose their economic situation. This is done at the request of the creditor if the bailiff was unable to find anything usable in the private premises or, in the case of the self-employed, in the business premises. This information must be true, as falsehoods would have criminal consequences. This EV is entered in the Credit bureau. A car loan despite EV is therefore not possible.

The person concerned must appear at the appointment. If he is missing without a verifiable excuse, an arrest warrant can be applied for to take the affidavit. The victim then remains in detention until he has given the affidavit.

Other effects of affidavit

Other effects of affidavit

Not only is there no car loan despite EV, but it also has an impact when looking for an apartment, because many brokers or home owners also query Credit bureau. Whether justified or not is another question. In contrast to other negative entries, an affidavit must be deleted from Credit bureau immediately when the creditor has received his money. He is obliged to document this to the debtor.

With this letter, the debtor must address the debtor register of the responsible local court. This then causes immediate deletion, both for yourself and for Credit bureau, and the debtor can also contact Credit bureau directly and enclose a copy of the letter. Credit bureau is obliged to delete the EV in its documents when it is completed. Then a car loan is also possible despite EV, because it no longer appears in the Credit bureau.

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