Supreme Court held that a payment plan allowing retention of home while paying over 6 years 3 months is valid.
Legislator summary
AI generatedThe Supreme Court upheld a payment plan where the debtor retained ownership of their apartment while paying over six years and three months. The debtor argued that the extended duration was excessive compared to standard debt repayment periods, while the creditor maintained the plan's validity under the relevant law. The court ruled that the specific circumstances justified the prolonged payment schedule without violating legal principles.
Legislator headnote
AI generatedVJL 30 § 3 mom; VJL 32 § 1 mom: A payment plan permitting the debtor to retain their residence while paying over a period exceeding six years and three months is legally permissible if justified by the specific circumstances of the case.
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Kysymys siitä, voitiinko maksuohjelma, jonka mukaan velallinen säilytti omistusasuntonsa, velkojan vaatimuksesta määrätä kestämään yli 6 vuotta 3 kuukautta, missä ajasssa velallinen ohjelman mukaan sai suoritetuksi tavallisten velkojen vähimmäiskertymää vastaavan määrän.
Ks. KKO:1995:33
VJL 30 § 3 mom
VJL 32 § 1 mom