In an asset disclosure (Vermögensauskunft), you give a bailiff (Gerichtsvollzieher) information about your income and assets. This lets the creditor see whether enforcement is likely to succeed.
Key points
- An asset disclosure (Vermögensauskunft) is not a judgement about you as a person, but a step in enforcement proceedings (Vollstreckungsverfahren).
- It is often possible to agree on instalments beforehand.
- A debt advice service (Schuldnerberatung) can help you prepare for the appointment.
- Why?A creditor with an enforceable title (Vollstreckungstitel) can ask a bailiff (Gerichtsvollzieher) to obtain it.
- What information?Typically, this includes income, accounts, valuables, vehicles and claims against others.
- Honest informationThe information must be complete and truthful. Giving false information may be a criminal offence.
- Debtors' register (Schuldnerverzeichnis)An asset disclosure (Vermögensauskunft) may lead to an entry in the debtors' register (Schuldnerverzeichnis). This can matter when renting a home, for example.
Entries are deleted after a period set by law, or earlier if payment is proven. An advice service can explain the exact rules.
The letter tells you which documents are expected. If you are unsure, bring proof of income, bank statements and contracts.
MeaNext provides general information about debt, payment reminders (Mahnungen), garnishment (Pfändung) and financial problems. This information does not replace individual debt, legal or financial advice. Deadlines, contracts, types of claims and personal circumstances may be crucial in your particular case.
Last reviewed by a specialist: 09/10/2026
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