Brazil: STF confirms rule that allows banks to repossess properties without going to court in the event of default
The Federal Supreme Court (STF) declared the constitutionality of the rule set forth in Law No. 9.514 of November 20, 1997 (Law No. 9.514/97), which allows banks or financial institutions to repossess properties in the event of default of home loan installments without the need to go to court. The discussion involves a law enacted
