The francists will breathe a sigh of relief. The resort is preparing a breakthrough solution

The document prepared by the Civil Law Codification Commission provides, among others Automatic loan repayment suspension and faster return of wrongly collected funds.

A new solution for franchisees

One of the key changes is the automatic suspension of the repayment of capital and interest installments when the bank’s copy is delivered to the bank. Until now, the court was decided by the court at the request of the borrower, which extended the procedures. The new regulations will unify this practice, reducing the burden of judges and accelerating the examination of cases.

Changes in the court procedure

Pursuant to the bill, if the court of first instance issues a favorable judgment for Frankowicz, the bank will be obliged to return unjustly accumulated interest and fees without having to wait for a final decision of the second instance. Currently, borrowers can only claim their claims after the appeal process is completed, which significantly extends the entire process.

Improvement of court proceedings

The new regulations also provide for the possibility of submitting the so -called lawsuits for mutual benefit within one case. Currently, the bank and borrower’s claims are considered separately, despite the fact that they apply to the same loan. The unification of procedures will allow faster and more effective settlement of cases.

Summary. What will the francs gain?

The bill regarding franc loans introduces significant changes to improve court proceedings and protect borrowers. Automatic repayment suspension, faster return of overpaid funds and a combination of proceedings are key solutions that can significantly speed up and simplify franc processes. Currently, the project is at the stage of public consultation and opinions.