The Bank didn’t Explain the Risks to a Female Client – the Mortgaging of Her Apartment was Cancelled

The Bank didn’t Explain the Risks to a Female Client – the Mortgaging of Her Apartment was Cancelled

In a verdict that was recently published, the judge decreed that the woman, a housewife who is illiterate, signed in 2006 a deed of pledge "blindly" and without understanding the situation.

A man dealing in diamonds for 30 years through Igud Bank.  In 2005, his business suffered some hardships, and his debit balance rose to approximately $650,000.

 

Read the whole article on the Psak Din web site.

לייעוץ חינם השאירו פרטים ואחד מנציגנו ישמחו לחזור אליכם
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