Leap in Financial institution Lawsuits Over FX Loans Clog Poland’s Busiest Courtroom

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Leap in Financial institution Lawsuits Over FX Loans Clog Poland’s Busiest Courtroom

Poland’s busiest courtroom is bracing for an onslaught of latest instances as disgruntled debtors line as much as sue banks over foreign-currency m


Poland’s busiest courtroom is bracing for an onslaught of latest instances as disgruntled debtors line as much as sue banks over foreign-currency mortgages. Lawsuits filed within the final quarter alone amounted to half of final yr’s whole.

A good verdict by the European Union’s prime tribunal introduced two weeks in the past helps fan a rush of latest instances after numbers have already climbed steadily in recent times. The binding steering, seen as a breakthrough by debtors, has opened a path for the potential cancellation of half of $31 billion in excellent non-zloty loans.

“These instances are already a big burden,” Sylwia…

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