COURT OF JUSTICE OF THE EU / (ae) consumers

Spanish consumers badly served by amendment of enforcement proceedings for mortgaged assets

Brussels, 29/10/2015 (Agence Europe) - In amending its enforcement proceedings for mortgaged assets, following a ruling by the Court of Justice of the EU in 2013, Spain put in place a transitional provision that fails to respect consumer rights with regard to the time limit for challenging mortgage enforcement proceedings, the Court said in a further ruling delivered on Thursday 29 October (case C-8/14).

After the 2013 ruling (see EUROPE 10806), Spanish law amended enforcement proceedings...