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14.08.2015

New post on our blog: Bank Enforcement Order violates Constitution

Today we published new post on our blog: Bank Enforcement Order violates Constitution

What is Bank Enforcement Order in polish law system?

Questioned and abolished article 96(1) and 97(1) of the Banking Act give the banks right to issue Bank Enforcement Order (BTE), after that BTE may constitute the basis for enforcement conducted in accordance with the provisions of the Code of Civil Proceedings after being affixed with an execution clause by the court. However proceedings in court which has affixed BTE with an execution clause is provided without any fact-finding phase, court’s role is limited only to formal verification if technical conditions of BTE are met. That is why BTE is very easy, simple and convenient banks’ tool to execute clients’ debts from unpaid loans etc.

Read the whole post on our blog.