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Borrower protection
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 [...]
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The nos. 6, 7, 8, 9 and 10/2023 Decisions of the Magistrate's Court of Xanthi, on cases that were successfully handled by our office, declared bankruptcy to an anonymous company, as well as to the natural persons - shareholders, in order to be fully discharged from their debts, after the expiry of the legal period, and the provision of a second chance, [...]
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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.
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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 [...]
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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 [...]
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  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 [...]
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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 [...]
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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 [...]
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The Magistrate's Court of Veria with the no. 135/2022 Decision of, on a case handled by our office, accepted the petition to declare bankruptcy of a small object of our principal, a natural person without commercial status. The Court accepted that the applicant meets the criteria for determining the "very small entity" of Article 2 of Law 4308/2014, but also due to [...]
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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 [...]
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