
IOANNIS KONSTANTINIDIS
LAW OFFICE


Successful Debt Cancellation through an Extrajudicial Mechanism – Debt Reduction of over 50%
For the case undertaken by the IOANNIS KONSTANTINIDIS office, within the framework of Law 4738/2020, a restructuring agreement was reached, resulting in the cancellation of a debt of 11,295.94 euros out of the total amount of 21,403.45 euros. This corresponds to 52.8% of the total debt, i.e. more than 1/2 of it. The out-of-court debt settlement mechanism is an important tool for borrowers seeking to restructure their debts. We have specialized scientific knowledge and effective negotiating power in the management of banking cases, both at the level of judicial defense of borrowers and through out-of-court settlements, ensuring the best possible solutions for our clients.
