What Happens to Pending Transactions when Your Bank Account Is Frozen by a Debt Collector?
6 Articles
6 Articles
In İzmir Çeşme, a citizen filed a criminal complaint claiming that a 500 thousand dollar bill that he handed over to Yapı Kredi Bank for collection was lost. The victim appealed to the prosecutor's office, stating that the bank had delayed him for 3 years, the fate of the deed was uncertain, and the debtor suffered material losses with the bankruptcy of the company. His lawyer said they believe the deed was deliberately destroyed and the investi…
Central Bank data show that past-lost loans doubled in less than two years. The entry Uncollectable Debts: Banks already dropped 143,000 loans for $4.4 billion was first published in #BorderJournalism.
The deterioration of families and companies already hits the balance sheets of the financial system strongly: according to BCRA data processed by EcoGo, banks dropped 143,143 loans for $4.4 billion. Unrecoverable debt almost doubled in just over a year, as record refinancings grow and alarms are raised over the impact on Discover.
The banks erased from their assets 143 thousand uncollectible loans. Photo: Luciano Thieberger According to BCRA data, there are credits for $4.4 billion between lines in pesos and dollars that have already been written off.The entities "eliminated" those balances of their assets.In some cases they sell that debt at a lower value to studies of...
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