Tallinna mnt 46: debt repayment schedule approved with late-payment interest suspended

The agreement provides for five payments and no additional late-payment interest until the agreed schedule ends.

The court approved a debt repayment settlement and terminated payment order proceedings. Narva linn, Tallinna mnt 46 korteriühistu had sought recovery of arrears from XX in expedited payment order proceedings. After the payment proposal was sent, the participants settled and submitted the agreement to Viru Maakohus for approval. The court found it permissible and terminated proceedings. The debtor acknowledged arrears in mandatory payments, accrued late-payment interest, 22,50 euros* towards the court fee and 89,62 euros in legal expenses. The schedule provides for five payments. Until the end of the agreed schedule, the association will not charge additional late-payment interest on unpaid sums. If the debtor misses a payment, the full agreed amount becomes immediately payable. Each participant bears expenses not provided for in the agreement. In the operative part, the court ordered a refund to the association of half the fee, 22,50 euros*. The participants excluded the right to appeal the ruling. It records acknowledgment of the debt and how it is to be paid, but does not confirm receipt of payments. After termination by agreement, the same dispute between the same participants on the same grounds cannot be started again.

Approve the agreement to pay the debt, late-payment interest, 22,50 euros* towards the court fee and 89,62 euros in legal expenses in five payments. No additional interest is charged until the agreed schedule ends. A missed payment makes the full agreed sum immediately payable. Terminate proceedings; order refund of 22,50 euros* in court fees to the association.