Mortgage

The economic crisis, mortgage enforcement proceedings and the powers of the national court regarding abusive clauses

Article Date: 09-02-2015
Categories: Consumer Law Typology: Case Law
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From Altalex.EU Blog - Comments (0)
The western economic crisis has particularly affected some European countries such as Spain, thus leading to a rise in enforcement proceedings, notably mortgage enforcement proceedings. The hardship created for some individuals led the authorities to have a closer look at the interest rate imposed o... [Read All]

Spanish procedural law on mortgage repossession breaches EU consumer directive

European Court of Justice, case C-415/11

Article Date: 14-03-2013
Categories: Consumer Law Typology: Case Law
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From Altalex.EU Blog - Comments (0)
In this judgment, the CJEU considered a case referred by the Spanish Juzgado de lo mercantil n°3 de Barcelona. In the domestic proceedings, Mr. Aziz, the applicant, had stipulated a mortgage agreement with the Bank Catalunyacaixa to purchase a home. After failing to pay an installment, a reposse... [Read All]
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