Resolution 03/2018/NQ-HDTP on Settling Disputes of Handling Non-Performing Loans

Resolution 03/2018/NQ-HDTP on Settling Disputes of Handling Non-Performing Loans
Thuy Phu

Resolution 03/2018/NQ-HDTP guiding the application of regulations on resolving disputes regarding the handling of non-performing loans, collateral for non-performing loans at the People's Court with many noteworthy contents.

To be specific:

- The form and content of the lawsuit petition are carried out according to Clauses 1, 2, 3, 4, Article 189 of the Civil Procedure Code;- The lawsuit file includes:- Lawsuit petition (according to Form No. 23-DS at Resolution 01/2017/NQ-HDTP);- Credit agreement;- Documents proving that the disputed debt is a bad debt;- Documents, guarantee contracts, and materials proving registered secured transactions or secured measures;- Documents and evidence regarding the residence and workplace of the defendant and those with related rights and obligations;- If the involved party resides abroad, there must be one of the following documents: written agreement, documents proving legitimate ownership, etc.

See more Resolution 03/2018/NQ-HDTP effective from July 01, 2018, to the date Resolution 42/2017/QH14 expires.

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