68,000 Successful Arrangements of the Out-of-Court Mechanism for €20.56 Billion, the New Tool for First Residence From 21 September
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20 Articles
Rates continued to be high in August as new successful setups reached 1,364
The Extrajudicial Mechanism is on a steady upward trajectory, with successful arrangements now reaching 70,000 and involving initial debts totaling 20.56 billion euros. Despite the seasonality of August and the suspension of the relevant deadlines that
In August, 1,364 new arrangements were completed, with total initial debts reaching 20.56 billion euros.
The extrajudicial debt settlement mechanism continues to record an upward trend, constituting a key “tool” of insecurity for thousands of households and businesses. Despite the summer rush and the legislative suspension of deadlines due to seasonality, 1,364 new successful arrangements were recorded in August. With these new additions, the total number of arrangements reached 69,997, which correspond to initial […]
From September 21, a new tool for protecting the main residence is activated for the first time, giving additional options to debtors
Debt settlements reached 70,000 — New framework for protection of main residence to be activated
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