The House plenum on Thursday rejected an Akel-led bill allowing debtors to use a court order setting aside foreclosure proceedings, as well as a legislative proposal by Edek to sell a property at the estimated price on the date of signing a loan agreement.
The vote on the first came to 27-27, while the second bill was defeated with 42 votes against and six for.
In addition, MPs decided to postpone voting on a government bill providing for the creation of special-jurisdiction courts to fast-track foreclosure disputes, concerning mortgaged primary residences of a value up to €350,000.
More later.
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