Our office has vast experience in the area of banking and finance laws, and it represented, and represents large and medium size businesses / private borrowers in opposing the largest banks in Israel in law suits by the banks, addressing co-signers of accounts, and forming settlement arrangements for debtors (private and corporation) that are being sued by the banks, and that include different processes of debt settlements, such as: temporary assistance, debt settlements, assets consolidation, implementation of failing debt settlements that are facing bankruptcy, and are up for collection. All this with a very important goal in mind, which is to prevent the clients from being tagged under the status of “marked account” and/or “restricted account”.

Our office deals with the legal outlook of private banking, family banking, or business banking; and focuses on the relationship between the bank and the client, and the debts imposed on the bank on behalf of the client (including co-signers) as prescribed by the law and judgment, among these are: the obligation of trust and integrity; the obligation of precaution; the obligation to provide service and credit; the prohibition of deception, and the obligation for full disclosure; the prohibition of extortion, unfair influence and coercion; the prohibition of placing conditions on service for service; the obligation for discretion; and the obligation for the safekeeping of the client’s business and minimizing damages caused to the client. To ensure that all of the above is followed, we will use all of the legal tools at our disposal, in order to prevent including the client in a list of clients whose accounts have been restricted, since such listing puts a strain on the financial conduct due to restricting the client from opening a new checking account, receiving a credit card, receiving a loan, receiving a credit line, and in receiving aide due to violations in these debts, and in large part in claiming representation against the bank.

The marking in the banking system, and in the different information systems is kept for a period of 5 years. Among other things, our office investigates professionally and practically whether mistakes were made innocently by the bank and by the client, and that the bank acted in accordance with the law.

In addition to all of the above, our office provides services and guidance in the following areas: the relationship between the bank and the co-signer, depriving conditions in standard bank contracts; problems related to the handling of a joint bank account; implementations of the bank’s conduct and its obligation during the discontinuation of the payments; financial guidance; and issues of legal claims by the bank.

Our experienced office will work for you to yield a fast legal case, while fully acknowledging that the client stands at the head of our priority list, and receives professional and affable service. We provide support and guidance starting at the counseling stage of the case through a tailored court appearance, ensuring that the client receives all rights and obligations as dictated by the laws of the State.