Brook replies
When might it be appropriate to repay a loan for another person and how?
My brother is having trouble repaying his loan. In fact, he has problems with his overall ability to manage his finances. He tends to take out more loans than he can pay back, he trusts various friends who convince him to lend them money, and he is willing to go into more debt even though he is having trouble paying back the loans he has. When my parents’ estate was settled, we agreed that the apartment would go to my brother. However, my brother established a mortgage on this apartment to secure his loans. Since he was not repaying the loans, we agreed that the apartment…
What are the consumer’s rights if the retailer fails to remedy the claimed defect within 30 days?
We bought an appliance (washing machine) for our household based on an online order. We did not extend the warranty period, so the normal two-year warranty applies. After a year and a half, the washing machine broke down. After the tedious process of reporting the fault through the seller’s call centre, we contacted a service person who diagnosed the problem and ordered a replacement electronic control panel for the washing machine as they didn’t have one in stock. It is now the 25th day since the fault was reported and the control panel has not yet been delivered. We regularly…
Can we disinherit a mentally ill son on the grounds that he “leads a permanent disorderly life”?
Our 55-year-old son has been a psychiatric patient for more than a decade. In addition to various neuroses, he has been diagnosed with psychotic depression. He is treated at home but is constantly on medication. He has not been able to manage his finances for a long time. He has had a problem with his finances since he was a young man and has lost all his assets, including those of his wife. As a result of our helping him – through loans and and guarantees – we have also suffered a considerable loss of assets.
How to verify client’s address in compliance with Slovak AML Regulations
Being a provider of online financial services in Slovakia, operating under the European single passport license, we are classified as an ‘obliged entity’ under the Slovak AML Act. This requires our adherence to specific AML obligations, including obligation to verify our customers’ addresses. The current interpretation of the Slovak AML Act indicates that this verification process must involve the customer’s identification document (ID) and an additional document, such as a utility bill, to confirm their address. However, in other European Union countries, we utilize more…
How to acquire a duplicate of birth or marriage certificates from Slovakia while being abroad
As Slovak nationals living on a different continent, we do not plan to visit Slovakia soon. However, we need valid duplicates of our Slovak birth and marriage certificates for legal proceedings in our country of residence. We are curious about the speed of obtaining these duplicates if we were to visit Slovakia solely for this purpose. Additionally, we are exploring whether it is feasible to obtain these documents from Slovak authorities while abroad, especially for those unable to visit the Slovak Civil Registry offices in person.
Can employment be terminated during the probationary period verbally and during the employee’s sick leave?
We entered into an employment contract with an employee and negotiated a probationary period in the employment contract. During the probationary period, it became evident that the employee did not have sufficient qualifications and we lacked the capacity to train him. We decided to terminate the employment during the probationary period. Since the employee worked from home, we asked him over the phone to come to work so we could deliver the notice of termination. However, the employee did not return to work and sent us a notice of…
What are the specifics of aircraft leasing and aircraft repossession in Slovakia
Our US corporation has recently expanded by acquiring a new business that leases aircraft to aviation companies in Eastern Europe, including Slovakia. We are looking to understand the specifics involved in such leasing arrangements. This includes the requirements for lease registration, any special terms we should be aware of, US choice of law possibilities, and any stamp duties that need to be paid. Additionally, a critical aspect for us is to know the process for repossession of the aircraft by the lessor or by the mortgagor in cases of…
How to enforce a debt, which a third party owes to your debtor in Slovakia
For over five years, we have had a stable business relationship with a Slovak company, supplying them with various products. Initially, they consistently paid our invoices, but they eventually stopped paying, leading us to threaten legal action. In response, they signed a notarial deed acknowledging their debt and agreeing to asset enforcement if they did not pay within a set timeframe. Unfortunately, they failed to meet this obligation, prompting us to start execution proceedings. During these proceedings, we learned that our debtor…
Is it necessary to regulate home-office work by an employment or by special contract?
Our sister company based in the Czech Republic made it possible for the Czech colleagues to work from home-office by concluding a separate agreement. The Czech Labour Code allows for such arrangements, and it also allows the employer to terminate such agreement. However, we did not find such a possibility in the Slovak Labour Code. So, can we regulate home-office work for our Slovak employees in the employment contract or should we conclude a separate agreement like…