Our News

With the No. 721/2013 First Instance Court of Kavalla decision an application for judicial setting and discharge of debts under Law 3869/2010 («indebted households») has been accepted in favor of our client.   The decision settled the debts of the applicant with a payment free period of eight years and exempted from the liquidation process his main residence.   At the same time the court ordered the liquidation of the remaining property of the applicant and appointed a liquidator.  The court took into account the specific socio-economic conditions of the applicant (long-lasting, serious illness, insufficient income, etc.). Otherwise the applicant would be put in a poverty position, which would be in direct contrast to article 2 § 1 of the Constitution, requiring that the primary obligation of the organized State is to respect and protect the human value.

English