Judgment 4009/2020 – Protection of the primary residence with no payment required and a 90% haircut of business loans

Judgment 4009/2020 of the Magistrates’ Court of Thessaloniki, which “cuts” business loans by 90%, leaving just €3,000 payable in instalments of €50 over five years, protecting the applicant’s real estate from liquidation and setting zero payments for the rescue of her main residence.