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GS CORE > Articles by: Ieva Upīte
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- Principal amount; - Loan interest; - Late payment interest; - Contractual penalty etc.
There are three ways to get paid off debt:
Pay all the debt at once*
The amount to be paid, EUR
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Principal amount, EUR
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Side claims, EUR
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* in some cases, a discount is possible if the entire debt is paid in one payment. To negotiate a possible discount, please contact a GS Core customer service specialist (HERE).
The amount to be paid, EUR
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Pay the debt in installments**
The amount to be paid, EUR
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Principal amount, EUR
0
Side claims, EUR
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** According to Article 1765 of the Civil Law, the debt will increase by 6% per year in relation to the main debt.
The amount to be paid, EUR
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Pay the debt after the court judgment***
The amount to be paid, EUR
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Principal amount, EUR
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Side claims, EUR
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State fees, EUR
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Bailiff's expenses, EUR
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*** The calculation assumes that: 1) the legal process lasts 6-8 months; 2) the claim is satisfied, but the client voluntarily does not comply with the court decision and the court decision is transferred to a sworn bailiff (ZTI); 3) the customer repays the debt within a year after the notification of ZTI on the obligation to fulfill the decision; 4) the remuneration of the office of the ZTI and the costs of execution of the judgment (including VAT) are calculated in accordance with the currently valid regulatory enactments.
The amount to be paid, EUR
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The calculations of the calculator are informative in nature and are not intended for exact calculation of debt repayment.
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