An interesting niche
"The Law Firm "Moskalenko & Partners" announces a seminar for borrowers with problem credits "THE ANTICREDIT: ways to get rid or reduce burden of a problem loan".
The following topics will be highlighted at the seminar:
15 legal ways to reduce the credit burden: pros and cons, potential risks, case-law practice.
Popular ways to avoid property confiscation.
Top 10 most spread violations of law by banks. The relevant issues of court enforcement proceedings on credits’ collection.
Case-law practice: annulment of credit and pledge agreements, amendments and changes to agreements in a court process.
Collection of problem loans and avoidance of such collection at all of its stages (pre-judicial, judicial, executive) is one of the main practices of the Law firm "Moskalenko & Partners" in 2009-2010. Lawyers of our firm have a great experience in suing credit contracts, mortgage contracts, guarantee contracts, changing conditions and terms of contracts in a court process, suing notary endorsements etc. In particular, we received an unique decision, which came into force, in favor of a borrower who had been sued by the bank for the amount of 2,3 million UAH."
An interesting example of the point in this article which argues that the more lawyers a country has, the lower its growth (though the empirics is not entirely convincing.
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