Write off a loan for a mortgage (housing)

«Changing stereotypes that big loans are the end!»

Shakhovets Anastasia

Lawyer in the practice of bankruptcy of individuals and individual entrepreneurs. Specializes in write-off of bank and MFI loans through the bankruptcy procedure.

Contact now

Write off a loan for a mortgage (housing)

A mortgage is an opportunity to realize the dream of owning a home. However, life does not always correspond to our plans. Sometimes there are difficult life circumstances that make it impossible to pay off a mortgage loan.

What difficulties and why sometimes arise with mortgage loans?

Life is full of surprises that can make it impossible to pay off your mortgage.

Here are some of the most common reasons for mortgage loan problems:

  1. Loss of working capacity. Injuries, chronic diseases, disability can deprive you of the opportunity to work and repay the loan.
  2. Decrease in income. Economic crises, job loss, and salary cuts make loan repayment an unbearable burden.
  3. Death of loved ones. The loss of the breadwinner of the family can lead to the impossibility of fulfilling the loan obligations.
  4. Increasing the family. The birth of children and increased expenses make it difficult to repay the loan.
  5. Bank fraud. Illegal actions on the part of the banking institution can lead to an unfair increase in the amount of the debt.
  6. Destruction of housing. Natural disasters, military operations can lead to the loss of collateral.

It is important to understand that you are not alone and the problem can be solved. There are a number of ways to write off your mortgage loan, and our law firm is ready to help you through this difficult situation.

приходько та партнери

The procedure for writing off a mortgage loan through bankruptcy with the help of our lawyer

The bankruptcy procedure is a complex legal process that requires careful preparation and professional support. Self-discharge of a mortgage loan due to bankruptcy can lead to negative consequences, so it is recommended to seek help from a qualified lawyer.

Our law firm offers comprehensive assistance in writing off a mortgage loan through bankruptcy:

Analysis of the situation and collection of documents:

  • Our lawyer will conduct a detailed consultation to understand your situation and determine whether bankruptcy is really the optimal way to solve the problem.
  • The lawyer will collect all the necessary documents, including the loan agreement, payment schedule, proof of income, bank statement, etc.

Preparing a bankruptcy petition:

  • A lawyer will prepare a legally competent bankruptcy application that will meet all the requirements of the law.
  • A package of necessary documents will be attached to the application.

Submitting an application to the court:

  • A lawyer will file a bankruptcy petition with the commercial court at your place of residence.
  • The court will set a date for your case to be heard.

Participation in the court session:

  • Our lawyer will represent your interests in court.
  • The lawyer will explain your situation to the court, provide evidence and arguments in your favor.
  • The court will make a decision to declare you bankrupt or to refuse to open bankruptcy proceedings.

Debt relief:

  • If the court declares you bankrupt, you will be released from mortgage loan obligations and other debts included in the register of creditors.
  • This means that you will no longer be obliged to repay the loan, and the bank will not be able to collect the debt from you.

It is important to note that:

  • The bankruptcy procedure can last several months.
  • You will have to pay court fees and other costs related to the bankruptcy process.

Write-off of a mortgage loan for a destroyed home with the help of our lawyer

As a result of the hostilities, many Ukrainians lost their homes, which were secured by mortgage loans. In such a situation, the question arises: how to get rid of the debt if the house is destroyed?

The legislation of Ukraine provides an opportunity to write off a mortgage loan for a destroyed home. For this, it is necessary to go through a certain procedure with the help of a qualified lawyer. Our law firm offers comprehensive assistance in writing off a mortgage loan for a destroyed home.

аудит бухобліку

Collection of documents:

  • Our lawyer will help you collect all the necessary documents confirming the destruction of your home.

Preparation and submission of an application to the State Property Fund of Ukraine:

  • The lawyer will make an application to the State Property Fund of Ukraine (SPFMU) about writing off the mortgage loan debt.
  • The FSMU will consider your application and within 30 days make a decision on writing off or refusing to write off the debt.

Appealing the decision of the FSMU (if necessary):

  • If the FSMU refuses to write off your debt, our lawyer will help you appeal this decision in court.

It is important to note that:

  • To write off your mortgage debt, your home must be completely destroyed.
  • You can submit an application to the FSMU within one year from the date of destruction of housing.
  • Paying off your mortgage debt does not free you from other loans.

If you need advice or if you want to know the cost of writing off a mortgage loan – fill out the form below.

Calculate the cost of services

1 question

Are you looking for a financial lawyer?

Yes
No

2 question

Are you looking for a lawyer to protect your rights as a debtor?

Yes
No

3 question

Are you interested in ways to get rid of loan debt?

Yes
No

Lawyer in the practice of bankruptcy of individuals and individual entrepreneurs. Specializes in write-off of bank and MFI loans through the bankruptcy procedure.

Contact now
How helpful was the article? Rate:

5

Count of grades:

12

20%
discount
If we do not
call back
during the day
Consultation
Law Company
Leave a request for legal assistance right now:
The best lawyers
Fair price
We work quickly
Online / offline consultation