Russians will lose the only housing
Since ancient times, the housing issue has occupied the minds of Russians. Most of the apartments were received by Russian citizens from the Soviet government, which is now fashionable to remember with an unkind word. In recent years, the acquisition of real estate has made mortgages a reality for many. Own apartment and its inviolability is a constant in the minds of Russians. However, recent trends threaten to destroy it. Now both the state and private entities can foreclose on real estate.
In 2017, the Ministry of Justice proposed a bill according to which compulsory collection can be applied even to a single housing, if the amount of the debt exceeds 200 thousand rubles. A decision can only be made by a court, housing must be sold at auction, the amount remaining after payment of the debt must be transferred to the debtor. This amount should be sufficient to purchase new housing in accordance with the provision rules; the court may consider it appropriate to increase it by 20%. This money becomes the property of the municipality if the debtor is not able to acquire other housing in 3 months. Then the obligation to provide new square meters arises from the municipality.
The current version of the bill applies exclusively to alimony debtors and persons evading compensation for damage caused by their crimes. However, it is noteworthy that in the original versions of the bill, it was envisaged to foreclose the only housing from debtors for housing and communal services and loans. Adjustments were made after vigorous public protests.
Also, Russians have real chances to say goodbye to single housing if they applied for a loan to unscrupulous microfinance organizations. When applying for a loan in a microfinance organization, citizens who are poorly versed in legal subtleties sign a lot of papers. For example, there is a known case when one borrower borrowed 1,35 million rubles from a MFI for a year on loan against an apartment. At the same time, a lease agreement was signed in which the creditor did not indicate the date. When the citizen missed the due date of the next payment, the mechanism for re-issuing it to a microfinance organization turned on, followed by its resale to third parties. After some time, the borrower was shocked to learn that her apartment worth 5,29 million rubles was sold for 1,9 million, and she was obliged to leave her with young children, since such a condition was spelled out in the papers executed with her participation.
For information, the agreement of the parties on the compensation can be signed only after the delay in payments. At the same time, the current date must be indicated. But, according to statistics, only 15% of borrowers carefully read what they sign.
In 2017, the Ministry of Justice proposed a bill according to which compulsory collection can be applied even to a single housing, if the amount of the debt exceeds 200 thousand rubles. A decision can only be made by a court, housing must be sold at auction, the amount remaining after payment of the debt must be transferred to the debtor. This amount should be sufficient to purchase new housing in accordance with the provision rules; the court may consider it appropriate to increase it by 20%. This money becomes the property of the municipality if the debtor is not able to acquire other housing in 3 months. Then the obligation to provide new square meters arises from the municipality.
The current version of the bill applies exclusively to alimony debtors and persons evading compensation for damage caused by their crimes. However, it is noteworthy that in the original versions of the bill, it was envisaged to foreclose the only housing from debtors for housing and communal services and loans. Adjustments were made after vigorous public protests.
Also, Russians have real chances to say goodbye to single housing if they applied for a loan to unscrupulous microfinance organizations. When applying for a loan in a microfinance organization, citizens who are poorly versed in legal subtleties sign a lot of papers. For example, there is a known case when one borrower borrowed 1,35 million rubles from a MFI for a year on loan against an apartment. At the same time, a lease agreement was signed in which the creditor did not indicate the date. When the citizen missed the due date of the next payment, the mechanism for re-issuing it to a microfinance organization turned on, followed by its resale to third parties. After some time, the borrower was shocked to learn that her apartment worth 5,29 million rubles was sold for 1,9 million, and she was obliged to leave her with young children, since such a condition was spelled out in the papers executed with her participation.
For information, the agreement of the parties on the compensation can be signed only after the delay in payments. At the same time, the current date must be indicated. But, according to statistics, only 15% of borrowers carefully read what they sign.
Information