2016 Court Hearing Updates
2016 Court Hearing Updates
From what I've read various firms have hearings in January including Judicare regarding the Swiss Franc mis-selling, invalid Power of Attorneys etc etc
Despite this all going on for 6 years plus now I'm still yet to hear of anything positive coming out of the courts. Has anything come to a conclusion yet?
Thought I'd create a new thread for people to share any recent experiences and updates of their cases, you must be out there!
My first hearing was set for this week but has been adjourned.
Thanks.
Fingers crossed all.
Despite this all going on for 6 years plus now I'm still yet to hear of anything positive coming out of the courts. Has anything come to a conclusion yet?
Thought I'd create a new thread for people to share any recent experiences and updates of their cases, you must be out there!
My first hearing was set for this week but has been adjourned.
Thanks.
Fingers crossed all.
Re: 2016 Court Hearing Updates
It would really interesting if victims of the Swiss Franc mis-selling scandal would share their experiencesMark101 wrote:From what I've read various firms have hearings in January including Judicare regarding the Swiss Franc mis-selling, invalid Power of Attorneys etc etc
Despite this all going on for 6 years plus now I'm still yet to hear of anything positive coming out of the courts. Has anything come to a conclusion yet?
Thought I'd create a new thread for people to share any recent experiences and updates of their cases, you must be out there!
My first hearing was set for this week but has been adjourned.
Thanks.
Fingers crossed all.
I too would love to know what's happening with current court cases - what compensation is being offered etc
Brookster
Mark101 wrote:From what I've read various firms have hearings in January including Judicare regarding the Swiss Franc mis-selling, invalid Power of Attorneys etc etc
Despite this all going on for 6 years plus now I'm still yet to hear of anything positive coming out of the courts. Has anything come to a conclusion yet?
Thought I'd create a new thread for people to share any recent experiences and updates of their cases, you must be out there!
My first hearing was set for this week but has been adjourned.
Thanks.
Fingers crossed all.
Re: 2016 Court Hearing Updates
It would be good if victims would share their experiences of where they are at with their court cases Ref Swiss-franc Miss-selling
Invalid power of Atty etc
What's being offered compensation wise!
Brookster
Invalid power of Atty etc
What's being offered compensation wise!
Brookster
Re: 2016 Court Hearing Updates
The bank did offer me some sort of deal to make smaller payments and they will take the property and try and sell it.
Part of me wants to accept it just to finally get rid of the mess but I have never even received the property so why should I be paying for something I've never even seen??
Part of me wants to accept it just to finally get rid of the mess but I have never even received the property so why should I be paying for something I've never even seen??
Re: 2016 Court Hearing Updates
Just hope European Courts get involved & make a ruling forcing Cyprus banks to compensate everyone involved !Mark101 wrote:The bank did offer me some sort of deal to make smaller payments and they will take the property and try and sell it.
Part of me wants to accept it just to finally get rid of the mess but I have never even received the property so why should I be paying for something I've never even seen??
Brookster
-
- Site Admin
- Posts: 2911
- Joined: 24 Oct 2007 14:38
- Location: Erimi, Limassol, Cyprus
- Contact:
Re: 2016 Court Hearing Updates
No - the cases have yet to be heard in court.Mark101 wrote:Despite this all going on for 6 years plus now I'm still yet to hear of anything positive coming out of the courts. Has anything come to a conclusion yet?
The groups representing those who want to keep the property they purchased with CHF loans have negotiated discounts on the loan, involving the bank taking part of the hit and converting their loan to Euros.
Regards,
Nigel Howarth
Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
Read the latest Cyprus property news
Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
Read the latest Cyprus property news
Re: 2016 Court Hearing Updates
Hi All
Not been on the site for a while ,i have recently resolved my swiss franc mortgage issue with Alpha bank,i got a 40% discount on my mortgage in return for me paying the outstanding balance .
I like many got fed up waiting for the court cases so took their offer,only time will tell if its the right decision, but i am now paying a loan in the UK to cover it but i know my payments will stay the same every month and am only paying it off over a shorter period.
I have a hefty solicitors bill but can sleep better at night now.
Andy
Not been on the site for a while ,i have recently resolved my swiss franc mortgage issue with Alpha bank,i got a 40% discount on my mortgage in return for me paying the outstanding balance .
I like many got fed up waiting for the court cases so took their offer,only time will tell if its the right decision, but i am now paying a loan in the UK to cover it but i know my payments will stay the same every month and am only paying it off over a shorter period.
I have a hefty solicitors bill but can sleep better at night now.
Andy
Re: 2016 Court Hearing Updates
Well done on that Andy, I'm sure it's a huge weight off your shoulders!andy0101 wrote:Hi All
Not been on the site for a while ,i have recently resolved my swiss franc mortgage issue with Alpha bank,i got a 40% discount on my mortgage in return for me paying the outstanding balance .
I like many got fed up waiting for the court cases so took their offer,only time will tell if its the right decision, but i am now paying a loan in the UK to cover it but i know my payments will stay the same every month and am only paying it off over a shorter period.
I have a hefty solicitors bill but can sleep better at night now.
Andy
Don't blame you at all, been thinking about taking the offer myself but I don't even have the keys to the place so couldn't make use of it even if I wanted to.
Re: 2016 Court Hearing Updates
Has anyone had anything through the courts yet?
My case had a hearing back in January but now adjourned until May. The bank have offered an out of court settlement but it probably too expensive for me.
Trouble is if no cases have been heard yet I still might lose it!
My case had a hearing back in January but now adjourned until May. The bank have offered an out of court settlement but it probably too expensive for me.
Trouble is if no cases have been heard yet I still might lose it!
Re: 2016 Court Hearing Updates
Any idea what would happen to current legal cases should Britain leave the EU?
-
- Site Admin
- Posts: 2911
- Joined: 24 Oct 2007 14:38
- Location: Erimi, Limassol, Cyprus
- Contact:
Re: 2016 Court Hearing Updates
Unfortunately Mark I don't have a crystal ball. No-one can say categorically what will happen if there's a BREXIT because the UK would be a test case. The best you can expect is expert opinion and reasoned arguments.
Regards,
Regards,
Nigel Howarth
Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
Read the latest Cyprus property news
Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
Read the latest Cyprus property news