1
If the pledge could not be realised because the bids were insufficient (Arts 126 and 127) or if the proceeds do not cover the claim, the debt enforcement office shall issue the enforcing pledgee with a pledge shortfall certificate.323
2
After service of this document, the creditor may pursue debt enforcement by way of distraint or bankruptcy, depending on the person of the debtor, unless the debt is a land charge certificate (Art. 33a Final Title CC324) or another real burden. If the debtor brings debt enforcement proceedings within one month, a new summons for payment is not required.325
3
The pledge shortfall certificate is deemed to be an acknowledgement of debt within the meaning of Article 82.326