Supreme Court make a Regulation about the foreclosure of the mortgaged property

Regulation applies the moratorium in terms of foreclosure of the mortgaged property, as a collateral of the  currency credit

Supreme Court on the  March 25,  2015 adopted a regulation, which was the subject of foreclosure of the mortgaged property.

Moratorium – a provision postponing the implementation of certain obligations, postponing the implementation of certain activities for a certain period based on a special act.

The norms of the Law “On the moratorium on foreclosure of the property of citizens of Ukraine, which serves as collateral for loans in foreign currency”, which entered into force on June 07,2014   cannot serve as the basis for decision for appeal court.

The basis for the cancellation of the trial court and  the making  of a new decision on the basis of art 309 CPC.

The judgment in the case of foreclosure of the mortgaged property is not subject for execution  in terms of the law.