The Ministry of Justice explained how to regain access to blocked accounts.

The Ministry of Justice of Ukraine provided an explanation regarding the procedure for seizing accounts and the rights of debtors to regain access to funds such as salaries and social payments.

The Justice of Ukraine provides useful guidelines regarding the seizure of accounts of individuals and the rights of debtors to reclaim money. According to legislation, a seizure can be imposed on any funds in the accounts of individuals, but there are exceptions and mechanisms that allow access to a certain part of the funds or the lifting of a seizure from certain accounts.

The law stipulates that debtors have the right to use funds in a current account up to 16,000 hryvnias per month. To gain such access, one must apply to the executor with a request to determine the current account for expenses. The executor must make a decision and inform the bank within two working days.

Designated accounts, such as those for social payments, pensions, and salaries, have a special status. The law does not permit the seizure of funds from such accounts, although banks may open standard current accounts to receive these payments due to the inability to create a separate account.

A seizure on a designated account may be lifted if the executor receives an application for lifting the seizure along with documents confirming the special status of the account. For example, this may be a certificate from the bank or from the employer making the payments.

In general, a seizure of an account can be lifted in case of the completion of enforcement proceedings, the return of the enforcement document to the court, the cancellation of secure measures for the claim, the repayment of the total debt amount, or the establishment of the fact that the enforcement document is not subject to execution.

The explanation from the Ministry of Justice of Ukraine addresses the issue of account seizures and provides clear instructions to debtors on regaining access to money when under seizure. This helps protect the financial assets of individuals and ensures their ability to use their money for current needs.