Skip to main content Skip to accessibility
This website is not compatible with your web browser. You should install a newer browser. If you live in Jersey and need help upgrading call the States of Jersey web team on 440099.
Government of

Information and public services for the Island of Jersey

L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

  • Choose the service you want to log in to:


    Update your notification preferences


    Access government services


    Clear goods through customs or claim relief

  • Talentlink

    View or update your States of Jersey job application

Debt and creditors: dégrèvement, réalisation and remise de biens

​​​​​Creditors taking ownership of a property (dégrèvement)

Dégrèvement is when banks or businesses apply to take over ownership of a property or​ a piece of land that’s owned by a person or business who’s unable to pay their mortgage.

The bank or business starts legal proceedings by applying for dégrèvement to help the lender gain money back from a person in debt.

Dégrèvement involves immoveable property: houses or other buildings and land that is permanent.

Belongings sold to clear debts (réalisation)

Réalisation in​volves movable property such as:

  • stocks and shares
  • money
  • antiques
  • jewellery
  • clothing
  • cars and motorbikes

Réalisation takes place when items owned by a person or a business that’s in debt is sold.

The money made from the items is shared between mortgage lenders and creditors who are owed money.

When a person or business in debt has nothing movable that can be sold to pay for the debt, a dégrèvement will take place without the réalisation.

 You can find out more about dégrèvement and réalisation by reading a full guide from the Judicial Greffe and Viscounts Department.

Download Dégrèvement and Realisation information (size 229kb)​

Legal Aid in Jersey

Email Legal Aid in Jersey​

Remise de Biens (remise)

A Remise is considered a privilege given to a debtor who has financial problems.

A Remise is when a person or business that’s in debt and owns real property such as a house hands over their property to be sold to pay for their debt.​

The debtor will be expected to listen to the advice of two Jurats who are dealing with the case.

Download Remise de Biens information​

Legal Aid in Jersey

Email Legal Aid in Jersey​

Back to top
rating button