Gerassimovi 4: agreement approved for scheduled debt repayment by December 2017

Relief from further late-payment interest depends on following the agreed schedule; the court approved the agreement and terminated proceedings.

The court approved the agreement between the apartment association Gerassimovi 4 Narva and XX for scheduled debt repayment by December 2017 and terminated proceedings. The agreed amount included principal, past and current late-payment interest, and costs. If the payment amounts and deadlines were followed, the association undertook not to charge further late-payment interest on the total agreed debt up to and including 25 December 2017. Breach of the schedule provides for immediate recovery of the full agreed debt and late-payment interest; this clause does not specify a further rate. Each bears its own remaining costs. A partial court fee refund is to be decided by a separate ruling after this ruling becomes final. These are agreed terms, rather than an independent judicial examination of the original justification for every charge; performance is not established.

Approve the agreement on scheduled debt repayment and terminate the case. If the schedule is followed, no further late-payment interest accrues up to and including 25 December 2017; breach provides for immediate recovery of the agreed debt and late-payment interest. Each party bears its own remaining costs.