August 2020
Defending Against the Aggressive Practices of Servicers (Claims Management Companies)
George Psarakis LL.M. (mult.), PgCert
A settlement was reached with a credit institution and our client, a public limited company, after a 3-year legal dispute, with the settlement of loan obligations amounting to approximately EUR 3.500.000 and the write-off of an amount of approximately EUR 1.500.000. In the meantime, a decision had been issued annulling the seizure report that had been accelerated by the bank.
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