The summer is expected to be very difficult, since, in addition to a surge in food and energy prices, citizens are also in for a surge in auctions, in which the number of objects is expected to triple compared to the first quarter of 2022.
The Greeks will soon see their fortunes go under the hammer. And the fact that the “sword of Damocles” has already been listed is evidenced by the fact that many citizens are rushing to banks to settle “red loans” and stop the “transfer” of real estate for auction.
As writes newsbreak.gr, there are 124,321 objects for sale by auction on the online platform, 1181 will be sold as early as next week. And during May, a total of 4,071 properties are expected to be put up. 84% of the auctions held from 2018 to the present day were activated by banks or management companies.
As Athens News wrote earlier, a year ago, the Greek Ministry of Finance created and put into effect a digital platform for first (primary) homeowners of vulnerable households who are unable to pay their mortgage, in line with the new law 4738/2020 on debt settlement and second chances. The above law contains a number of favorable conditions for households, such as:
- Settlement of debts out of court, up to 240 payments to the state and up to 420 payments to financial institutions, as well as
subsidizing the first home loans of vulnerable households for 5 years to those who repay their debts. - The online platform allows borrowers with financial weakness to obtain appropriate confirmation that they are indeed vulnerable households.
The poor can take advantage of the protective provisions of law 4738/2020, i.e. write off all your debts and take a second opportunity to keep your home to avoid auctioning it off.
The platform was developed by the Special Secretariat for Private Debt Management Ministry of Finance, in cooperation with the General Secretariat for Digital Governance and Facilitation of Procedures and the General Secretariat for Public Administration Information Systems of the ministry.
For more information on the institutional structure, options for managing your debts and obtaining Βεβαίωση ευάλωτου οφειλέτη citizens are invited to contact one of the 50 Borrower Information and Support Centers and Special Secretariat Offices for Private Debt Managementwhich work throughout the country, by appointment by phone 213.212.57.30.
Web page for applying: https://www.gov.gr/ipiresies/periousia-kai-phorologia/dakheirise-opheilon/bebaiose-eualotou-opheilete
- Settlement of debts out of court, up to 240 payments to the state and up to 420 payments to financial institutions, as well as
subsidizing the first home loans of vulnerable households for 5 years to those who repay their debts. - The online platform allows borrowers with financial weakness to obtain appropriate confirmation that they are indeed vulnerable households.
The poor can take advantage of the protective provisions of law 4738/2020, i.e. write off all your debts and take a second opportunity to keep your home to avoid auctioning it off.
The platform was developed by the Special Secretariat for Private Debt Management Ministry of Finance, in cooperation with the General Secretariat for Digital Governance and Facilitation of Procedures and the General Secretariat for Public Administration Information Systems of the ministry.
For more information on the institutional structure, options for managing your debts and obtaining Βεβαίωση ευάλωτου οφειλέτη citizens are invited to contact one of the 50 Borrower Information and Support Centers and Special Secretariat Offices for Private Debt Managementwhich work throughout the country, by appointment by phone 213.212.57.30.
Web page for applying: https://www.gov.gr/ipiresies/periousia-kai-phorologia/dakheirise-opheilon/bebaiose-eualotou-opheilete
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