Iryna Kobets commented on the Law “On Mortgage” for “Yurist & Zakon” edition


“Mortgaged property, put up for auction for the enforcement of a court decision in favor of the bank, is illiquid because of the high risks of foreclosure of transactions. Therefore, such property is rarely sold at market price and often remains unsold at all” – Iryna Kobets, the Senior Associate of LCF Law Group, has analyzed the peculiarities of the Law “On Mortgage” for the “Yurist & Zakon” edition.

Full text of the article is available in Russian.