Clearing debts with the Enforcement and Collection Authority

⚖️ A Story of Determination, Expertise, and an Exceptional Outcome

A recently concluded case at our firm demonstrates how precise legal intervention can transform a situation that once seemed beyond repair.

Our client faced a loan debt dating back to 2012, which had accumulated to ILS 1,460,000.

The debt was secured by a lien on a property, and the bank had already received approval from the Enforcement and Collection Authority to sell the asset.

From the client’s perspective – there was no way out.

When our firm took over the case just two years ago, we conducted a thorough examination of the bank’s conduct and that of the appointed receiver.

Following a meticulous legal analysis and the identification of several significant procedural failures, new grounds for negotiation emerged.

The result:

✅ The debt was reduced to ILS 400,000 only,

✅ The bank itself provided the financing for the debt’s settlement,

✅ And our client – after 13 years of ongoing distress – can finally breathe a sigh of relief.

This case reminds us why we chose this profession: to restore hope, justice, and a sense of security to our clients.

Clearing debts with the Enforcement and Collection Authority

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