If you signed a mortgage loan contract between 2000 and 2015, it is highly likely that you’re legally entitled to compensation in some of the clauses of your mortgage.
It doesn’t matter if you have canceled the loan, modified, or changed banks; it is still very probable that you have the right to reclaim the excess interest paid. Also, if you continue to pay the loan, there’s a strong chance that your monthly mortgage payment can be reduced.
A few years ago, when courts started to rule against these abusive clauses, many banks contacted their clients and persuaded them to sign agreements that purported to remove or reduce the unfair clauses. However, many of these private agreements are also likely to have been declared void by subsequent court decisions, as they are deemed to have forced consumers to renounce their rights to claim.
The European Court of Justice protects and protects consumers, and one way in which it does this is by insisting that the bank cannot take any action against the customer who complains. Conditons cannot be removed or modified.
Erardo Ferrer of Lanzarote Abogados says “We have won 100% of the floor clause cases against the banks, and we are also able to reclaim part of the mortgage formalization expenses.”
If the conditions above apply to you, you should seek legal advice immediately. A lawyer will assess your claim and inform you whether they can help you reclaim money that you are rightfully owed due to the abusive practices of a banking sector that failed to inform and support its clients.
Many have fought and won, while many other victims don’t know that there’s a possible victory in store. But the fight against banks and their abusive mortgage clauses continues.
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