The Delayed Loans management service includes:
Information on the current Legal framework (new Bankruptcy Code, remediation process etc) and Banking framework (Code of Conduct etc).
Provision of know-how on the policy of the Banks and funds management companies (funds), as regards the out-of-court settlement of obligations (reduction of the amount of debt-‘’haircut’’, restructuring, arrangements etc).
Management of settlement requests-debt settlement.
Undertaking the out-of-court settlement – settlement of the reported and unpaid debts, which indicatively covers:
- Negotiation with banking institutions and funds management companies (funds), in order to stop or suspend the legal actions.
- Analysis of economic and quality data.
- The creation of a solution-adjustment request, adapted to modern requirements, based on the best case-by-case practices.
- The contact with banks or funds management companies, until the regulation is signed or any other solution.
