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, in a case that was successfully handled by our office, with its Decision No. 391/2023, accepted the partial revocation of the decision to register a pre-notification on two of the encumbered properties due to over-collateralization of the claims of each bank company. In particular, the Court accepted our contention that the value of the others [...]READ MORE
In a case handled by our office, in the context of submitting an application to the platform of the extrajudicial debt settlement mechanism in accordance with the provisions of articles 5-30 of Law 4738/2020, the restructuring proposal achieved included the cancellation of debts amounting to 9013.09 euros (27% of of total debt), i.e. more than 1/4 of the total debt. The extrajudicial mechanism is one [...]READ MORE
In a case handled by our office, in the context of submitting an application to the platform of the extrajudicial debt settlement mechanism in accordance with the provisions of articles 5-30 of Law 4738/2020, the restructuring proposal achieved included the cancellation of debts amounting to 188,671.01 euros (42% of of total debt), i.e. more than 1/3 of the total debt. The extrajudicial mechanism is one [...]READ MORE
The Athens Magistrate's Court with the no. 942/2022 Decision of, on a case successfully handled by our office, canceled the Payment Order by which the objectors were ordered to pay the amount of 16,250.44 euros plus interest and costs for a claim arising from a consumer loan contract, thus stopping the process forced execution. The interrupters [...]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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