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    Home»Economy»Did you cancel a purchase worth 123 miles? The Minas Gerais State Court suspends credit card chargebacks made by customers and orders the release of the amounts to the company
    Economy

    Did you cancel a purchase worth 123 miles? The Minas Gerais State Court suspends credit card chargebacks made by customers and orders the release of the amounts to the company

    Camelia KirkBy Camelia KirkOctober 13, 2023No Comments2 Mins Read
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    Did you cancel a purchase worth 123 miles?  The Minas Gerais State Court suspends credit card chargebacks made by customers and orders the release of the amounts to the company
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    The Minas Gerais Court of Justice ordered the suspension of refunds on tickets and packages purchased through credit cards for consumers in Minas Gerais. 123 miles.

    The decision was taken on Tuesday (10) and is temporary and immediate and was taken by the judge of the First Commercial Court of the Belo Horizonte Region, Claudia Helena Batista, who is in charge of the judicial recovery process for companies linked to the group.

    The suspension applies to applications brought for failure to provide services prior to judicial recovery. Any blocked amounts must be released to the company.

    The judge stated that the practice of chargebacks, known as Refunds“It is unjustified because it violates the principle of parity between creditors.”

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    Judicial refund of 123 miles

    In August, the Court of Minas Gerais accepted 123 Milas’ request for judicial restitution, but it was temporarily suspended after the Bank of Brazil filed an appeal.

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    The bank alleged that the company did not submit all the required documents to enable the judicial recovery to be processed.

    Also in September, the court extended the judicial recovery of 123 Milhas to Maximilhas and Lance Hotes, two other companies in the economic group. Together, the companies owe more than R$2.5 billion to creditors.

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    Camelia Kirk

    "Friendly zombie guru. Avid pop culture scholar. Freelance travel geek. Wannabe troublemaker. Coffee specialist."

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