Post by messi05 on Jan 24, 2024 11:21:39 GMT
Since the financial institution acquires a property not with the purpose of keeping it as its definitive property, but rather with the purpose of pressuring the consumer to pay. the debt financed by the bank[ 2 ]. Thus, it was up to the State, through the diploma in question, to prevent extreme behavior by both contractors and provide predictability to the legal transaction under analysis, making possible the circulation and increase of wealth in society for the benefit of all. In turn, given the social burden of the institute, and with the aim of attracting investment from the private market, forms of securitization of values invested in these businesses were created — through article 6 et seq.
of credit called Certificate of Real Estate Buy Phone Number List Receivables (CRI) , allowing the financial agent to speculate in the securities market and, thus, obtain the return necessary for the financial viability of a business with a high social bias. But that's not all. It is also necessary, and on the one hand, to allow the repossession of assets from defaulting debtors, otherwise the entire financing system of the contractual modality analyzed here will collapse. However, from another perspective, financial institutions cannot be allowed to fleece consumers who seek this instrument to purchase their home. Therefore, the expansion of securities financing is encouraged and a limitation of the activity of financial institutions is guaranteed (or should be), regulating legal transactions between them and consumers, in favor of a greater social objective related to the guarantee of fundamental rights.
Unfortunately, this law suffers from obvious unconstitutionalities, granting leonine prerogatives to financial institutions and not protecting the consumer effectively.[ 3 ] In this context, based on this law, banking institutions assert the right to take unreasonable and clearly excessive in order to guarantee their selfish interests. Specifically attractive is the possibility of auctioning off assets outside the supervision of the judiciary, at a low price. Regarding the subject, the aforementioned law, in an aberrant manner, creates a simplified form of expropriation[ 4 ] of assets from defaulting debtors, in an extrajudicial manner, and to the excessive detriment of the consumer who will potentially find himself dispossessed of his residence and personal values intended for acquisition like that.
of credit called Certificate of Real Estate Buy Phone Number List Receivables (CRI) , allowing the financial agent to speculate in the securities market and, thus, obtain the return necessary for the financial viability of a business with a high social bias. But that's not all. It is also necessary, and on the one hand, to allow the repossession of assets from defaulting debtors, otherwise the entire financing system of the contractual modality analyzed here will collapse. However, from another perspective, financial institutions cannot be allowed to fleece consumers who seek this instrument to purchase their home. Therefore, the expansion of securities financing is encouraged and a limitation of the activity of financial institutions is guaranteed (or should be), regulating legal transactions between them and consumers, in favor of a greater social objective related to the guarantee of fundamental rights.
Unfortunately, this law suffers from obvious unconstitutionalities, granting leonine prerogatives to financial institutions and not protecting the consumer effectively.[ 3 ] In this context, based on this law, banking institutions assert the right to take unreasonable and clearly excessive in order to guarantee their selfish interests. Specifically attractive is the possibility of auctioning off assets outside the supervision of the judiciary, at a low price. Regarding the subject, the aforementioned law, in an aberrant manner, creates a simplified form of expropriation[ 4 ] of assets from defaulting debtors, in an extrajudicial manner, and to the excessive detriment of the consumer who will potentially find himself dispossessed of his residence and personal values intended for acquisition like that.