New "Shield" in the Extrajudicial Mechanism for Primary Residence: What Changes From Today for Its Protection
7 Articles
7 Articles
Protothema
Creta24The main residence is separated from the rest of the property - How the "haircut" and monthly installment are now calculated
Two important changes are being implemented as of today, Monday, September 21, in the extrajudicial debt settlement mechanism, aiming to protect the main residence and provide a second chance to debtors who lost a previous settlement.
Two important changes are being implemented as of today, Monday, September 21, in the out-of-court debt settlement mechanism, with the aim of protecting the primary residence and providing a second chance to debtors who lost a previous settlement. The first change provides for the possibility of rescuing the primary residence through the liquidation of other assets, while the second allows, under ... More www.ertnews.gr
Extensive report in the Apogevmatini newspaper that is currently circulating
An important opportunity to save their primary residence from auction or seizure is being provided by the "Extrajudicial Debt Settlement Mechanism" from today to thousands of debtors with irregular "red" mortgage loans, provided that they apply for it, but on the condition that they liquidate the remaining real estate to repay part of the debt to the creditors.
Extrajudicial Mechanism: The new framework for the protection of the main residence is in place editor03 Sun, 09/20/2026 - 17:43 A key advantage of the procedure remains the possibility of writing off interest, surcharges or even part of the original capital, especially for debts to the State. Exclusion from news feed Off Live Description Off
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