Easing credit conditions for those affected by the occupation: The Rada has taken the first step

Easing credit conditions for those affected by the occupation: The Rada has taken the first step

Kyiv  •  UNN

 • 10166 views

The Verkhovna Rada has passed in the first reading the draft law No. 12148 on easing credit conditions during martial law. The document prohibits debt collection from people whose property remains under occupation.

The Verkhovna Rada has adopted in the first reading a bill on easing the conditions for lending and leasing during martial law for people whose property has been occupied (No. 12148). According to MP Oleksiy Honcharenko, 265 MPs voted in favor of the document, UNN reports .

Main provisions of the document:

- During the period of martial law, it should be prohibited to enforce debts from people whose collateral property remains under occupation or in the territory of active hostilities. The same applies to leasing objects.

-Extend the term of the loan agreement and agreements concluded to secure the fulfillment of obligations for the period of suspension of accrual and payment of the respective monetary obligation.

-For the period of suspension of the loan repayment obligation, suspend the process of their enforcement.

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