Thessaloniki
NPL Fund Defence
Legal Protection · Negotiation · Stopping Foreclosure
The transfer of your loan to an NPL fund does not mean a dead end. Thousands of borrowers in Greece now face companies such as DoValue, Intrum or Cepal as their new creditors — without knowing their rights. With specialised expertise in banking law and NPL markets, we assess every case from the start: legality of transfer, claim amount, grounds for challenge, and negotiation strategy.
What Are NPL Funds
Funds are not banks, nor are they the management companies themselves. They are the entities that acquired, or financed the acquisition of, claims arising from loans — often through securitisations under Law 3156/2003 or transfers under Law 4354/2015, while today the framework is also supplemented by Law 5072/2023. The assignment, the management and the judicial pursuit of every claim must rest on specific documents and lawful conditions. That is precisely where the review begins. Because before a fund can demand, it must first prove that it is entitled to demand.
How We Help
- We check the assignment of the claim.
- We check the standing of the creditor and the management company.
- We check interest, charges, compound interest and the actual amount of the debt.
- We file objections against payment orders, writs, seizures and acts of enforcement.
- We seek a stay of the auction, where there are lawful and documented grounds.
- We negotiate settlements from a strong legal basis, not out of fear.
- We use the out-of-court mechanism of Law 4738/2020, where it can genuinely help.
- We tackle opaque charges, inadequate notification and abusive practices.
Every day that passes strengthens the fund's position
Funds and servicers have specialised legal teams. If you have received a loan transfer notice, payment order, or auction notice from a fund, acting promptly is critical. Do not sign any settlement without legal review.
Received documents from a specific servicer?
See in detail the deadlines, negotiation strategies and how a primary residence is protected against each loan servicer.
Not sure where you stand legally?
Get a strategic assessment of your legal position against the fund. Call us or send us your details.
Book a ConsultationWhy Choose Us
- 25+ years' experience in banking law and enforcement proceedings
- Specialised knowledge of NPL legislation (Law 4354/2015, Law 4738/2020)
- Head of the Legal Team, Association of Borrowers of Northern Greece
- Practical knowledge of DoValue, Intrum, Cepal and other servicer practices
- Direct and realistic case assessment — no empty promises
Frequently Asked Questions About Funds
Yes, provided the transfer was lawful and the claim is enforceable. However, loan portfolio transfers raise serious legal issues — standing, completeness of the claim, accuracy of the principal amount — that can be effectively challenged. Every case is reviewed individually.
A fund does not hold a banking licence and operates under a different legal regime. Notification obligations, charge limits, and standing requirements differ significantly from those of a bank — and these differences can form the basis for a legal challenge.
Technically yes, but it is not recommended. Funds employ specialist negotiators who know exactly where you stand. Without a review of the claim, you risk signing a settlement for an amount you do not owe, or on terms that do not serve your interests.
Do not ignore the notice, but do not sign anything without legal review. Request a full detailed statement of the outstanding amount immediately and consult a specialist lawyer to assess the legality of the transfer and the accuracy of the claim.
Assess Your Case Today
Every day of delay strengthens the fund's position. Contact us for a full assessment of your legal standing.
Book a Consultation