In Ukraine, the Civil Code regulates all relations between creditors and borrowers. In the event of violations, both parties are legally punished. If the bank violates the agreements reached in the loan agreement: increases the interest rate without the knowledge of the client, independently changes the terms of the agreement without talking to the client, then he will have to compensate the damage caused to the client. But this also works in reverse order: if the client does not fulfill or violates the terms of the contract, then there is a great risk that he will have to appear in court.
Many citizens of Ukraine ask themselves the question: can they be held liable for non-payment of the loan debt, and can their apartment be confiscated in this case? Despite numerous developments in the judicial system, these issues continue to worry people, and many even resort to hasty, thoughtless decisions, wanting to get out of a difficult situation.
It should be noted, for the sake of justice, that banks and other financial institutions have a hand in this: they are trying to recover lost money, trying to put pressure on their clients and forcing them to return the debt. But this is quite natural: being commercial organizations pursuing the sole goal of maximizing profits, banks try to protect themselves from unsuccessful investments and, in case of difficulties, compensate for their losses at the expense of the client.
If the client is in a position where he is on the verge of being evicted from the apartment due to non-payment of debts, then he has several options for the following actions:
- restructuring of the current debt, which will allow it to increase the loan maturity, as well as reduce monthly payments;
- find a reliable microfinance organization using the site for selecting loan offers, take a loan on a card without refusal in Ukraine , with the help of which to pay off the current debt in the bank and regain the confidence of the bank;
- registration of a loan vacation at the bank, which will delay the payment of the loan and interest for a certain period of time.
It is necessary to understand how a citizen can find himself in such a situation at all. Confiscation of property for debts, in accordance with the legislation of Ukraine, can be:
- by mortgage clause;
- by special court order.
According to the law, a financial institution, providing a certain amount of money secured by immovable property, has the full right to re-register the pledged living space on itself without any judicial intervention. This happens when the client fails to comply
