This practical guide explains the Greek legal framework in plain language for readers who need to understand the issue before speaking with a lawyer.

The practical question is what should be checked first, which deadline can change the outcome and which evidence should be kept before the dispute escalates.

For this topic, the key legal points are:

  • The out-of-court settlement mechanism concerns debts above 10,000 euro and may combine public, social-security and financial-creditor debts.
  • Public and social-security debts may reach up to 240 instalments, while secured bank debts may reach up to 420 instalments where the rules allow it.
  • A vulnerable-debtor certificate has income, asset and timing criteria; it is not the same as full debt cancellation.

Keep contracts, official notices, payment records, screenshots, platform messages and correspondence. In Greek legal practice, the sequence of events often decides the next step.

If the matter is urgent, speak with a lawyer before signing, paying, accepting a settlement or missing a procedural deadline.

Official check

This article was checked against the official sources listed below. Figures, thresholds and deadlines may change through later laws, circulars or platform notices.

Sources

This guide is informational and is not legal advice.