Article 342. Deferral or installment plan of execution of a judicial act, change of the method and order of its execution

If there are objective circumstances that prevent the performance of execution actions, the court, at the statement of the state enforcement officer, the recoverer or the debtor, has the right to defer or grant an installment plan of the execution of the judicial act or change the method and order for its execution.

Deferral or installment plan of the execution of the judicial act may be provided for a term not exceeding one year, unless otherwise provided for by the decision of the authorized state body or the agreement between the parties.

By granting to the debtor a deferral or installment plan of the execution, the court may take measures to ensure the execution of the judicial act according to the procedure prescribed by chapter 8 of this Code.

A statement for deferral or installment plan for the execution of a judicial act, for change in the method and order of its execution shall be considered by the court at the court session within twenty days from the day of receipt of the statement by the court.

If the execution of the judicial act is handled by the state enforcement officer, the recoverer, the debtor and the state enforcement officer shall be notified of the time and place of holding the court proceedings by a court ruling issued no later than five days from the date of receipt of the statement, according to the procedure prescribed by article 127 of this Code. Failure to appear of the mentioned persons, duly notified of the time and place of holding the court session, shall not preclude the consideration of the statement.

A ruling shall be issued based on the results of consideration of the statement, a copy of which shall be sent to the recoverer, the debtor, as well as the state enforcement officer if the execution of the judicial act is handled by the state enforcement officer.

The ruling may be appealed against (protested).