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HomeDebtors

Debtors

Debtors prefer direct settlement with servicers
News

Debtors prefer direct settlement with servicers

14 November 2025 Phil Karametos

The majority of debtors prefer direct negotiation with servicers over the out-of-court mechanism for debt settlement, as bilateral settlements

Up to 120 installments for “red” debts to EFKA
Highlights

Up to 120 installments for “red” debts to EFKA

22 August 2025 Phil Karametos

The Ministries of Finance and Labor are working on a plan for EFKA debtors, along with a call for tenders for private companies to help pay off the debts

Borrowers are turning their backs on servicer digital platforms
News

Borrowers are turning their backs on servicer digital platforms

2 December 2024 Editors

Debtors are turning their backs on the digital platforms of management companies, created by Law 5072/2023 relating to loan transparency.…

Debtors turn their backs on servicer platforms
News

Debtors turn their backs on servicer platforms

4 June 2024 Editors

So far, the participation of debtors in servicers’ online platforms that offer immediate and complete information about outstanding amounts, interest…

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  • The Federation of Greek Servicer Organizations (FOOSE) was established
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Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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