A resident of Odessa borrowed 80,000 hryvnias with a promissory note but failed to repay. Here's what the court decided.

The husband lent another citizen 80,000 hryvnias. He is required to return the funds within a specified period, but has failed to do so. This is stated in the decision of the Malinovsky District Court of Odessa, published on December 23, 2024.

The man lent the funds of 80,000 hryvnias to another citizen until November 5, 2021, which is confirmed by a promissory note dated October 5, 2021. He has not responded to his demands for repayment and has yet to take any action to fulfill his obligations, specifically returning the borrowed funds.

"In terms of its legal characteristics, a loan agreement is a real, unilateral, onerous or gratuitous agreement, which can be confirmed by a borrower's receipt, serving as evidence not only of the conclusion of the agreement but also certifying the fact of the transfer of the monetary amount to the borrower," - is stated in the case materials.

What was the court's decision?

The court granted the man's claim. The debt under the loan agreement (promissory note) of 80,000 hryvnias will be recovered from the other citizen in his favor.

"The court, due to the defendant's failure to appear at the hearing, in accordance with Article 280 of the Civil Procedure Code of Ukraine, considering the absence of relevant objections from the plaintiff's representative, resolves the case based on the available data or evidence (issues a default judgment). There are sufficient legal grounds for recovering from the defendant in favor of the plaintiff the amount of the debt under the loan agreement (promissory note), by recovering from the defendant in favor of the plaintiff the debt under the loan agreement in the amount of 80,000 hryvnias," - noted the court.