
Annulment of Swiss franc loans in Polish law
Mass lawsuits by customers against banks due to abusive clauses have revolutionized Polish jurisprudence. Annulment of a loan means treating the contract as if it never existed – the bank must return undue interest. This capital often returns to the secondary real estate market. Franc borrowers with cash in hand look for direct bargains on portals bypassing expensive brokerage to rebuild their battered wealth cheaply and wisely.
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