Prescription of obligations arising from loan agreements

Banking and finance, Civil law Publication 30 September 2014

Prescription of obligations arising from loan agreements are heavily disputed due to the new act on the unfairness on certain terms in consumer loan contracts. In his article, available in Hungarian, István Gárdos elaborates issues relating to prescription, and concludes that the new act retrospectively amended the Civil Code's general rule on prescription. The article is available on our website.

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