Heirs are unaware of the hefty sum of economic plans – 05/03/2023 – Panel SA

Almost 140,000 heirs of savers are unaware that they have a hefty sum to receive from banks in the agreement enshrined by the STF that ended the legal impasse surrounding the correction of investments resulting from losses with economic plans in the 1980s and 1990s.

The agreement closed, renewed for another year and a half, was an arrangement approved by the Supreme Court between savers who had lawsuits pending in court and the banks.

The amount to be paid at the time was estimated between R$ 10 billion and R$ 12 billion.

According to Febrapo (Brazilian Front for Savers), during this process 140,000 beneficiaries of the agreement died and their heirs do not know that they are entitled to receive the amounts. They represent 30% of the total remaining beneficiaries of the agreement

“Spouse, children, parents and collateral relatives up to the 4th degree are considered heirs”, said Ana Carolina Seleme, executive director of Febrapo.

Prior to this pact, which took effect in 2018, actions that had been stalled began to be decided quickly.

Participating in the agreement were Febrapo and other associations, representing savers, and Febraban, which negotiated the terms of the agreement for the banks. The Attorney General’s Office (AGU) mediated.

With this pact endorsed by the Supreme Court, it was possible to resolve the legal deadlock for approximately 270,000 cases.

At the end of last year, the STF decided to extend the agreement, which expired in December 2022, for another 30 months, giving the opportunity to around 400,000 savers and their heirs, who still have pending lawsuits related to Bresser’s economic plans, Summer, Collor I and Collor II, to finalize the litigation and receive the agreed amounts.

What to do?

To check if there is an ongoing process, the heirs should consult the website of the Court of Justice of their state.

In the vast majority of courts, consultation is simple and free of charge, just insert the name or CPF number of the plaintiff. It is usually on the page of the sites as “consultation of processes”.

Lawsuits against private banks and Banco do Brasil are the responsibility of the State Justice of each state, but lawsuits against Caixa Econômica Federal are pending in Federal Justice.

In order to guarantee their rights, the heirs must qualify for the proceedings, that is, join as a legitimate party in said lawsuit. This measure must be carried out by the lawyer who conducts the process, and must attach all the documents necessary for the regularization of the active pole.

With Diego Felix

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