Is it possible not to return microloans?

20.11.2023 11:00 • Question

Is it possible not to return microloans?

1 Answers

Lorina Fedan

Answer provided 20.11.2023 11:01

No. Starting from the first day of the delay, exorbitant fines will be charged on the amount owed, after which the amount of claims will increase many times over. The creditor can apply to the court or by affixing an executive inscription to a notary public. The court's decision and the presence of a notarial enforcement inscription on the contract are grounds for opening enforcement proceedings.

The answer is informational and does not replace a full legal consultation. For a detailed analysis of your situation, contact a lawyer directly.