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[POLITICS] · Hungary · 2 sources

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Hungarian mortgage borrowers pressured by enforcement despite parliamentary suspension

The Hungarian Parliament has suspended most lawsuits and enforcement actions related to foreign‑currency (devizahitel) loans, yet many borrowers continue to receive threatening letters and face the threat of property auctions. Legal advocates on a televised program, including borrower‑advocate Horváth Tünde and lawyer Szepesházi Péter, describe a system where a 94,500 Swiss‑franc loan has ballooned to over 825,000 francs, citing failures in banking records and supervisory oversight. They argue the enforcement practices conflict with EU law and reflect a systemic issue involving banks, bailiffs, notaries and courts, leaving debtors to confront the system alone.

The discussion highlights that, despite the formal suspension intended to ease pressure on debtors, enforcement agencies remain active, and some elderly borrowers are even threatened with forced relocation. Advocates call for clear legal remedies and alignment with European standards to protect those burdened by the inflated foreign‑currency debts.

Entities

Horváth Tünde · Parliament of Hungary · Szepesházi Péter