The counseling portal Exlege proposes, in response to the issues that affect the social fabric and those who are facing serious financial crisis situations, an initiative aimed at giving the citizen the opportunity to use the procedures provided for by law n.3 of 2012 on over-indebtedness.
This law defines over-indebtedness as a situation of economic imbalance that no longer allows the citizen to meet the commitments made with banks or tax obligations towards the state.
In this context, those who are in serious financial crisis may use appropriate procedures that allow, in the presence of the requirements of law, an agreement with creditors to, on the one hand, to break down the debtor positions of the subject on the basis of his ability to earn income and, on the other hand, to satisfy the creditors.
Our portal, through the consulting business provided by its experienced banking staff, and in particular the over-indebtedness settlement procedures, is able to assess your position by providing, in the light of the description of the facts and of the attached documentation, to give an opinion on the possibility of access to the measures provided for by law.
Among instruments envisaged by the law aimed at allowing for the restructuring of the debtor of the claimant, through an instance presented to the Court: the consumer plan, which, if approved by the court, allows the debtor to reduce the subject’s debt to banks up to 60%, the agreement with creditors, which allows the debtor to reach an agreement with the creditors and to raise their economic situation, finally the settlement of the assets, a measure that allows the debtor, who spontaneously decides to sell its own immovable and movable property, to avoid foreclosures and to secure any debts taken with creditors.