Una solución real para los prestatarios de préstamos en moneda extranjera, en lugar de “abandonar la vivienda”: la insolvencia personal en el extranjero

The first step in escaping the Hungarian debt trap is to move outside Hungarian jurisdiction. According to an article published today on Index.hu, György Schadl, President of the Hungarian Chamber of Judicial Officers, stated to Magyar Idők that the introduction of the so-called “walk-away” mechanism, already used overseas, could solve the problems of many foreign-currency […]

Los propietarios de terrenos en Hungría que sean parte en “contratos ficticios” se enfrentan a penas de hasta cinco años de prisión y a la expropiación. ¿Hay alguna solución?

Until the end of April 2014, EU nationals were, as a rule, also prohibited from acquiring arable land in Hungary, owing to a temporary derogation under EU law. For this reason, foreign purchasers — most often from Austria — frequently entered into so-called “pocket contracts” with Hungarian sellers. In most cases, the parties signed an […]