Senior lawyer
Lawyer in the practice of bankruptcy of individuals and individual entrepreneurs. Specializes in write-off of bank and MFI loans through the bankruptcy procedure.
Write off a mortgage loan
A mortgage loan is a common way to purchase a dream home. However, life does not always go according to plan, and situations arise when debt repayment becomes impossible.
Mortgage loan: what is it?
A mortgage loan is a targeted loan issued by a bank secured by real estate. Thanks to this tool, a person gets the opportunity to purchase housing, distributing its cost over a long period (usually 10-30 years).
Why and what problems arise with mortgage loans?
There are many reasons why paying off a mortgage loan can become problematic:
- Loss of working capacity: loss of job, serious illness, disability – all these can lead to a significant decrease in income, making it difficult or impossible to repay the loan.
- Change in financial situation: divorce, birth of children, other unforeseen events can have a significant impact on the family budget, making it difficult to meet loan obligations.
- Economic crises: the growth of the exchange rate, inflation, other economic troubles can lead to a significant increase in the price of loan payments.
- Dishonest actions of banks: there are cases when banks deliberately underestimate the value of collateral, offer unfavorable credit terms, or charge illegal fines and penalties.

Is it true that you can write off a mortgage loan, how?
Yes, in some cases it is possible to write off the mortgage loan. Here are two main ways:
Bankruptcy
The bankruptcy procedure involves the restructuring or complete write-off of the debts of an individual.
In order to write off a mortgage loan due to bankruptcy, it is necessary to meet certain criteria established by the legislation of Ukraine. Such criteria include:
- Being insolvent: The amount of debts far exceeds your assets and ability to repay them.
- Inability to fulfill obligations to creditors: you cannot pay the monthly loan payments for a certain period of time.
- No malicious acts on your part: You have not tried to artificially create debts or hide your assets.
The bankruptcy procedure is complex and requires legal support. Our company’s lawyers have extensive experience in bankruptcy cases and will help you at all stages of this procedure.
Write-off of mortgage loans for destroyed housing:
In March 2022, Ukraine adopted a law that provides for the possibility of writing off mortgage loans for citizens whose homes were destroyed as a result of military operations.
In order to receive a write-off, it is necessary to submit to the relevant authorities a package of documents confirming:
- Your ownership of the destroyed home.
- The fact of the destruction of housing as a result of military operations.
- Availability of a mortgage loan for this home.
This procedure also requires legal support. The lawyers of our company will help you collect the necessary documents and submit them to the relevant authorities.
It is important to note that each case is individual, and there is no universal way to write off a mortgage loan.
The help of the lawyers of our company is a tool for solving the problem
If you are faced with a mortgage loan problem, do not despair. The lawyers of our company “Prykhodko and Partners” have extensive experience in working with complex credit cases and will help you find the best way out of the situation.
Our experts offer:
- Consultations on mortgage lending.
- Analysis of your credit situation.
- Development of a problem solving strategy.
- Representation of your interests in court and other bodies.
- Help in collecting the necessary documents.
Why should you choose our company?
Experience:
- Our lawyers have successfully completed dozens of mortgage foreclosure cases.
- We know all the nuances of this complex legal procedure.
- Our experience allows us to find non-standard solutions and achieve positive results even in the most difficult cases.
Professionalism:
- We have a deep knowledge of Ukrainian legislation in the field of mortgage lending and bankruptcy.
- We regularly monitor all changes in legislation and apply them in our work.
- Our lawyers constantly improve their qualifications and participate in seminars and conferences.
Individual approach:
- We will carefully listen to your situation and analyze all the details of your case.
- We will develop an individual strategy for solving the problem for you.
- We will constantly inform you about the progress of the case and provide the necessary consultations.
Do not delay, contact us now. Together we will find a way to solve your problem.
Would you like to order a consultation or would you like to know the price of a mortgage loan write-off? Fill out the form below.
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Overdue mortgage payments?
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Has the process of preparing documents for writing off the loan already started?
Is it possible to go through the bankruptcy procedure if the debt is less than 180,000 UAH?
Bankruptcy can be filed regardless of the amount of debt — there are no minimum limits set by law. However, if the amount of debt is less than UAH 180,000, it is usually more advisable to agree on debt restructuring, as bankruptcy may be economically unprofitable.
If I am not in Kyiv, can I cooperate with you?
Yes, we work remotely throughout Ukraine and even with clients abroad! We have many clients from Lviv, Odessa, Dnipro, Kharkiv, Cherkasy and other settlements.
Communication is carried out in any way convenient for you.
You may also need:
Debt write-off in bankruptcy
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Read moreSanitation of the debtor in bankruptcy cases
Read moreLiquidation of a company through bankruptcy proceedings
Read moreLawsuit for recognition of a natural person as bankrupt
Read moreBankruptcy of a legal entity (enterprise)
Read moreBankruptcy lawyer for individuals
Read moreRestructuring of foreign currency loan
Read moreLegal support of the bankruptcy procedure
Read moreLiquidation of the company under the bankruptcy procedure
Read moreProtection of creditors’ rights in bankruptcy
Read moreBankruptcy of an individual entrepreneur
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