Borrowers have provided a new opportunity for the return of property collected by the bank and sold for delinquent loans. The Supreme Court held that the debtor has the right to appeal such a sale, if the realization of collateral by public auction he had an outstanding score. Supreme Court emphasized that the conclusion appraiser at the time of sale of an apartment or a car can not be more than 6 months.

“If the time is exceeded – you need to re-evaluated. And even after the mortgage can not utsinyuvatysya during the sale at auction of more than 25% of credit agreements concluded by 2011. Enough that the price will fall more, and the agreement also could be appealed. And rightly so, because the people after collecting pledges left with nothing. Price lowered so that people have to pay extra. Recently was the case when the car Nissan Note at a market price of $ 10 thousand. Went under the hammer for 40 thousand. USD. Of course, by selling their kickbacks “- said the senior partner of the law firm Rostislav Kravets.
New Supreme Court decision will not like the mortgaged property buyers who decide to buy something cheap.

“The courts have become to protect bona fide purchasers and banks ipotekotrymachiv, the only way to change the situation of legal” uncertainty “relationship lending”, – concluded yurkompaniyi partner Vladislav Kissel.
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