Vastuuvapauksia
Vastuuvapauksia is a concept in Finnish law that refers to situations where a borrower is granted a partial or complete discharge from their debt obligations. This can occur in cases where the creditor has been partly or wholly deprived of their security, or where the debt has otherwise become indefensible.
There are several conditions that must be met for vastuuvapauksia to be granted. Generally, the executive board
In the case of credit reparations, which involve a process where debts are proportionally divided among creditors
The purpose of vastuuvapauksia is primarily to provide rights to borrowers and to prevent illegitimate grant
Cases before the court may also result in a controversial judgement, which has an impact on cases