Legal solutions to debt problems
Subtitle: recommendation Rec(2007)8 adopted by the Committee of Ministers of the Council of Europe on 20 June 2007 and explanatory memorandum
Series: Legal instruments
Publisher: Council of Europe Pub.
Published: 2008
Place of publication: Strasbourg
Language: eng
Number of pages: 19
ISBN-13: 9789287163547
Subjects: Debt; Credit; Debtor and creditor
Other titles: Recommandation Rec(2007)8 du Comité de Ministres aux Etats membres sur les solutions juridiques aux problèmes d'endettement.
Description: The Council of Europe Committee of Ministers' Recommendation Rec(2007)8 on legal solutions to debt problems is the first international legal instrument that establishes a set of legal principles in order to assist national legislators in introducing or reinforcing laws and policies in this field. The recommendation covers three main areas: prevention of over-indebtedness of individuals and families, alleviation of the effects of debt recovery in order to avoid social exclusion and rehabilitation of over-indebted individuals with due regard to their human dignity.--Publisher's description.