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Law 1/2013, of 14 May

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Act 1/2013, of 14 May, of measures regarding protection of mortgage debtors, restructuring of debt and social rent.

The Official State Bulletin (BOE) published on 15 May contains Act 1/2013 of 14 May of measures regarding protection of mortgage debtors, restructuring of debt and social rent on 15 May 2013. This law aims to respond to the exceptional circumstances arising as a result of the lengthy economic crisis affecting Spain. It contains measures to help families who are unable make their mortgage payments due to circumstances beyond their control, who are at risk of social exclusion.

The law applies to all judicial and out-of-court proceedings started after the date on which it came into force (16 May 2013), provided eviction proceedings had not already begun.

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