KKO 2190/2001 Generato dall'IA

Supreme Court dismissed appeal; ordinary debt repayment plan duration reduced below five years due to changed circumstances.

Numero d'incarto KKO 2190/2001

Autorità giudiziaria Korkein oikeus

Giurisdizione

Finlandia (FI)

Data della decisione 22.10.2001

Esito del giudizio Respinto (Dismissed)

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Sintesi Legislator

Generato dall'IA

The Supreme Court dismissed the appeal regarding the duration of an ordinary debt repayment plan. The appellant argued for a five-year term, but the lower court found that changed circumstances justified a shorter period. The court upheld the reduction, emphasizing that repayment plans must reflect the debtor's actual ability to pay at the time of modification.

Regesto Legislator

Generato dall'IA

Section 10 of the Act on Debt Repayment Plans; Section 11 of the Act on Debt Repayment Plans: A court may reduce the duration of an ordinary debt repayment plan below the statutory maximum if the debtor's financial situation has materially improved or circumstances have changed, provided the reduction is necessary to ensure the plan's feasibility.

Parole chiave

Generato dall'IA

ordinary debt repayment plan duration reduction changed circumstances financial ability to pay Supreme Court of Finland debt restructuring repayment schedule modification mantenimento della previdenza