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Write-off of 81,33% of debts through the extrajudicial debt settlement mechanism

Through it extrajudicial mechanism of Law 4738/2020 The possibility of settling debts is given, both to funds and banks, and to the public sector. 

Our office has extensive experience in processing requests for out-of-court debt settlement mechanisms. 

Experienced lawyers and attorneys provide complete legal coverage for all issues related to the study of the file, affiliation, unification, correction of data, and the conclusion and implementation of settlement agreements. 

At the same time, with the finalization of the application, the suspension of enforcement measures, as well as criminal prosecutions for debts to the State, is achieved. 

The following arrangement for our client, which was achieved through the out-of-court mechanism, is indicative, where the amount of debt forgiveness amounted to 637,000 euros approximately covering 81% of the debt!

 


Thomas Kalokiris 

Supreme Court Lawyer

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