Las Palmas de Gran Canaria, March 21, 2023.
The First Instance Court No. 14 of Las Palmas has sided with Obudhrani Abogados in defense of his client, declaring the nullity of the card contract signed with CITIBANK (currently WIZINK) since 2008 due to usury. Thanks to this sentence, the client not only is he exempted from paying the more than €4,000 that the entity claimed, but he will also recover all commissions and interest paid since then
The firm of Obudhrani Abogados has obtained an important victory in the Court of First Instance No. 14 of Las Palmas on May 23, 2022, where the nullity of the card contract signed by one of its clients with CITIBANK ( currently WIZINK) in 2008. The Judge has considered that the interest and commission clauses were abusive and that the client had not been provided with sufficient information about them, violating their rights as a consumer. Thanks to this sentence, the client of Obudhrani Abogados is not only exempt from paying the more than €4,000 that the entity claimed as a pending debt, but it will also recover all commissions and interest paid since the signing of the contract. This is great news for the client, who will be able to recover a significant amount of money that had been unfairly charged for years. The judgment of the Las Palmas de Gran Canaria Court is especially relevant in the field of revolving cards, a financial product that has generated many controversies in recent years due to its exorbitant interest rates and abusive practices. Obudhrani Abogados, as a law firm specializing in banking and financial law, has achieved with this judgment an important victory for its clients and for all those consumers who have been affected by these abusive practices. The lawyers specializing in revolving cards at Obudhrani Abogados highlight the importance to have specialized legal advice on this type of financial products, which allows consumers to defend their rights against banks and recover their money fairly. The judgment of the Court of Las Palmas is an example of how, with the help of specialized professionals, it is possible to achieve justice and defend the rights of consumers against the abusive practices of financial institutions.
Contact Contact name: Oliver Budhrani Fuentes Contact description: Oliver Budhrani Fuentes Contact telephone number: 669 05 93 91