In a case that was successfully handled by our office, the Single-member Court of First Instance of Syros accepted our client's Objection requesting the correction of the first offer price of his property, in view of an auction. The Court assumed that damage is caused to the objector from the difference in the estimate and set the price of the first offer at the amount of 320,000 euros instead of the amount [...]READ MORE
The Single Member Court of First Instance of Thessaloniki, with its Decision No. 9619/2023, in a case successfully handled by our office, accepted our client's Objection against the forced seizure of property. The Court accepted the objection on the grounds that it concerned the non-presentation (on behalf of the claims management company representing the foreign fund) of the [...]READ MORE
On Tuesday, July 4, on CENTRAL MACEDONIA TV OPINION with Giorgos Papadopoulos, Lawyer Thomas Kalokyris spoke about ways to protect borrowers from banks, funds and auctions.READ MORE
In a case handled by our office, according to the provisions of articles 5-30 of Law 4738/2020, a restructuring proposal was reached which included the cancellation of debts amounting to 408,328.37 euros. This corresponded to 63.6% of the total debt, i.e. more than 1/2 of the total debt. The out-of-court debt settlement mechanism is one of the means available to [...]READ MORE
The Single Member Court of First Instance of Thessaloniki, in a case that was successfully handled by our office, with its Decision No. 2642/2023, accepted the Objection of our principal-borrower against the Payment Order, which it annulled in its entirety, condemning the debt management company from loans and credits to the court costs of the objector. In particular, the reason was accepted [...]READ MORE
The Single-member Court of First Instance of Thessaloniki with case no. 8283/2022 His decision, on a case handled by our office, annulled the Payment Order and the Check for payment by which the objectors were ordered to pay the amount of 161,138.53 euros plus interest and costs for a claim arising from a housing loan contract thus stopping the process [...]READ MORE
The new bankruptcy framework for over-indebted legal and natural persons is underway, with the vast majority of borrowers remaining completely unprotected unless they …. liquidate all their assets. Therefore, in the absence of a protective legislative framework, a storm of auctions and foreclosures is coming in the near future with the debtor-borrower in a defensive role trying to [...]READ MORE
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