An obligee who has a monetary claim seized may collect the claim when one week has passed from the day on which an order of seizure is served upon the obligor; provided, however, that they may not receive payment beyond the amount of the claim and enforcement costs of the attaching obligee.
Regarding the application of the provisions of the preceding paragraph, if a seized monetary claim is a claim stated in the items in Article 152, paragraph (1) or a claim under paragraph (2) of the Article (except if a monetary claim related to the obligation stated in the items of Article 151-2, paragraph (1) is included in a claim of the attaching obligee), "one week" in that paragraph is deemed to be replaced with "four weeks".
When an attaching obligee has received payment from a third party obligor, the obligee's claim and enforcement costs are deemed to have been performed to the extent of the amount that has been received.
An attaching obligee must, when the obligee has received the payment referred to in the preceding paragraph, immediately notify the enforcement court to that effect.
差押債権者は、前項の支払を受けたときは、直ちに、その旨を執行裁判所に届け出なければならない。
If two years have passed without receiving the payment of paragraph (3) from the date when it is permitted to collect a monetary claim pursuant to paragraph (1) (or the date when the notification is given last time if the notification is given under the preceding paragraph or this paragraph; the same applies in the following paragraph), an attaching obligee must notify the enforcement court that the obligee has not received the payment of that paragraph.
If an attaching obligee does not give notification under the preceding two paragraphs within four weeks after two years has passed from the date when it is permitted to collect a monetary claim pursuant to paragraph (1), the enforcement court may set aside the order of seizure.
If an attaching obligee gives notification under paragraph (4) (except for the notification that the obligee received payment of all of the seized monetary claim) or paragraph (5) within an inalterable period of one week after the attaching obligee is notified of a judicial decision to set aside the order of seizure pursuant to the preceding paragraph, the decision ceases to be effective.
If an attaching obligee gives notification to the enforcement court that the obligee does not receive the payment of paragraph (3) before a period under paragraph (5) has passed, regarding the application of the provisions of paragraph (5) and paragraph (6), it is deemed that the notification under paragraph (5) is given.
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