As a common security measure in lending activities, mortgage plays a crucial role in enhancing the borrower’s commitment to debt repayment and mitigating risks related to non-performance, improper performance, or incomplete performance of repayment obligations by the...
Credit contracts and the handling of collateral are integral parts of the financial and banking system, promoting economic development and helping businesses and individuals access capital. However, when parties fail to fulfill their commitments or when disputes...
The mortgage is a useful source for debt recovery when the borrower fails to repay the debt on time and in full. However, in practice, the realizing of mortgaged assets by the lender does not always proceed smoothly. During the execution of the contract, especially in...
In judicial practice, there are still different views on the right to re-initiate a case when the Court has issued a decision to suspend the resolution of a civil case. Case law no. 50/2021/AL is an example of the Court determining whether the involved parties have...
Lending activities always carry numerous risks due to various reasons, such as borrowers failing to repay, repaying incompletely or late, or losing the ability to pay. To mitigate these risks, lenders often require borrowers to implement security measures such as...
