Budget: 2000 UAH Deadline: 1 day
Law of Ukraine "On Consumer Loan" (https://zakon.rada.gov.ua/laws/show/1734-19#Text): ".. Article 12.Conditions of the Consumer Credit Agreement: 5.The terms of the consumption loan contract that limit the rights of the consumer compared to the rights established by this Law are non-compliant.The consumer loan agreement, concluded with a violation of the requirements of the first part of this article, is invalid.Restructuring obligations under the consumer loan agreement
1 .The creditor is entitled to carry out, in accordance with the agreement with the consumer, the restructuring of obligations under the agreement on consumer credit.The restructuring of liabilities under the agreement on consumer credit is the change of the substantial terms of the agreement on consumer credit, which is carried out by the creditor on contractual terms with the consumer and affects the conditions and/or the procedure for the return of such credit.The Act extends to contracts on consumer credit concluded after the date of entry into force by this Act, 6-1.In the period of action in Ukraine of a military, emergency state and within a thirty-day period after the day of its termination or cancellation in case of extension by the consumer to fulfil the obligations under the agreement on consumer credit the consumer is dismissed from liability to the creditor for such extension.In the event of the permission of such a delay, the consumer is exempt, in particular, from the obligation to pay the creditors the insolvency (the penalty, the penalty) and other payments, the payment of which is provided by the agreement on the consumer credit for the delay of the performance (the delay, the partial performance) by the consumer of the obligations under such agreement.It is prohibited to increase the interest rate for the use of the loan for reasons other than those provided by the fourth part of article 1056-1 of the Civil Code of Ukraine, in the event of non-execution of obligations under the agreement on consumer credit in the period specified in this paragraph.The norms of this paragraph shall be extended, including, to loans defined by the second part of Article 3 of this Law.To establish that the insolvency (the penalty, the penalty) and other payments, the payment of which is provided by the agreement on consumer credit, included from 24 February 2022 for the expiration of the performance (the non-execution, the partial performance) according to that agreement, are subject to the listing by the creditor.• • • • • • • • •
Good Morning, Mr. Alexis!Regardless of the "legality" of the warranty letters, the restructuring of the loan is a right, not a debt of the creditor.
