KKO 3526/1998
AI generated
Supreme Court dismisses appeal regarding termination of payment plan under Finnish Debt Restructuring Act Section 42.
Finland (FI)
Legislator summary
AI generatedThe Supreme Court dismissed the appeal against the lower court's decision terminating the debtor's payment plan. The debtor argued that the plan should continue despite financial difficulties, while the court found no legal basis to extend it. Consequently, the court upheld the termination of the arrangement as procedurally and substantively correct.
Legislator headnote
AI generatedVLJ 42 §; The court may terminate a payment plan under the Debt Restructuring Act when the debtor fails to meet the conditions for its continuation or when the plan is no longer feasible.
Keywords
AI generated
Debt Restructuring Act
payment plan termination
financial restructuring
supreme court appeal
debt repayment obligations
Cited Legislation
AI generatedVLJ 42 § 57/1993
Related Decisions
AI generatedkko-other_1995_4689
Supreme Court held that a confirmed payment plan duration cannot interrupt unemployment insurance assessment when the debtor's payment obligation was removed due to lack of funds.
kko-other_2007_97
Supreme Court dismisses appeal regarding debt restructuring payment scheme changes without unjustified delay after notice.
kko-other_2002_1566
Supreme Court dismissed creditor's claim for payment order cessation as it lacked unreasonably delayed grounds.
kko-precedent_2005_8
Supreme Court dismisses creditor's request to terminate payment plan as debtor fulfilled official notification duties.
kko-other_1996_1219
Supreme Court dismisses debt arrangement application where debtor failed to prove insolvency under VJL 10 § 8.
Full text
Kysymys yksityishenkilön velkajärjestelystä annetun lain 42 §:n tarkoittamasta maksuohjelman raukeamisesta.
VLJ_42_§_(57/1993)