A loan from "PrivatBank" - A small loan, big problems!
Banking and credit disputes
In times of economic instability in Ukraine, people are forced to turn to banks and other financial institutions for loans. Due to the demand for money loans, there is a supply of loans from banks, microfinance organizations, and other dubious financial institutions, such as "payday loans," "quick cash," and the like.
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Поставлена задача
Given that our client learned about the existence of an ex parte court decision rendered against her, meaning a decision made without her knowledge and her participation in the debt recovery court proceedings totaling 108,000 UAH for non-compliance with the terms of a credit agreement, which is an amount exceeding the 4,000 UAH loan provided by JSC CB "PrivatBank," and with the purpose of protecting her violated rights and seeking justice, the client had to seek legal assistance and a qualified attorney specializing in credit cases to safeguard her violated rights and guarantees from the financial institution she had trusted in the past due to life circumstances.
Досягнуті результати
Indeed, from December 2018 to July 2020, the courts of Vinnytsia Region reviewed the unlawful ex parte decision and justifiably rendered a new lawful decision in the credit case concerning our client filed by JSC CB "PrivatBank."
It is worth noting that the decision resulting from the first-instance court review of the case was made with full consideration of our client's position and lawful interests. Consequently, only the principal loan amount of 4,000 UAH was collected from our client. Interest, penalty sanctions, and fees, which exceeded 100,000 UAH in total, were entirely canceled due to their illegitimate imposition.
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