The drop in the value of the zloty could lead to a new wave of lawsuits

As lawyers dealing with so-called "Swiss frank cases" point out, in the event of a drop in the value of the zloty, an exponential increase in the number of new lawsuits should be expected, as the economic situation of people repaying loans in francs will drastically worsen. Already tens of thousands of such disputes are clogging Polish courts, and it is said that in time there may be at least 100,000. And as experts add, a serious problem with this is the lengthiness of the pending cases. It takes up to several years from the filing of a lawsuit to a final judgment. The trials are largely prolonged by the banks themselves. However, in the opinion of lawyers, the situation could improve if judges started using tools to speed up proceedings more often. EU legislation provides a basis for properly protecting the consumer in a dispute with a bank. But if nothing changes in practice, frank cases could continue for years to come. On top of that, in the opinion of experts on the subject, it is too late for systemic regulation of the problem.

(MondayNews)