In addition to the conditions below, under Constitutional Court Decision no. 623/2016 the court also checks for hardship (an exceptional change of circumstances that makes the contract excessively onerous).
- first, the borrower must be an individual (consumer);
- the loan amount must not have exceeded €250,000;
- the loan must be secured by a mortgage and have been taken to build, fit out or buy a home;
- the consumer must not have been convicted of offences connected with the loan.
If the loan was secured by several properties, all of them will be transferred to the bank. Note: all the conditions must be met together.
How we help
- We check the documents
- We analyse the documents
- We draft the giving-in-payment notice
- We send the notice to the bank
- We represent you before the notary
- We review the giving-in-payment agreement
- We negotiate the agreement
- We represent you in court if needed
Page updated . The information on this website is general and is not legal advice on any specific matter.