Disputes over mortgages denominated in Swiss francs have long dominated a certain type of court case in Poland, placing a significant burden on the judiciary, which often struggles to cope with lawsuits filed by law firms specializing in such disputes.
In Poland, a popular mortgage now is a PLN-denominated loan with a variable interest rate based on WIBOR. It is therefore not surprising that information about the disadvantages of this type of product, as in the case of Swiss-franc mortgages, is appearing in the public space.
The first publicly available opinions in this area, and even drafts of litigation, show a significant convergence with the arguments used by the Swiss franc creditors in their lawsuits. The question is if the argumentation drawn from the earlier disputes will allow WIBOR loans to be successfully challenged in court too?
Sylwia Ziemacka from Poland Weekly talks to Aneta Ciechowicz-Jaworska from KANCELARIA RADCÓW PRAWNYCH ANETA CIECHOWICZ- -JAWORSKA, BARTŁOMIEJ ŚLAŻYŃSKI.