Consumer Debt and Social Exclusion in Europe
Publisher: Taylor & Francis Group
Published: 2015
Language: eng
Number of pages: 264
ISBN-13: 9781472449030
Subjects: Consumer credit, law and legislation; Debtor and creditor; Consumer protection, law and legislation, europe; Bankruptcy; Foreclosure; Marginality, social; Law, european union countries
Description: This book analyses the dichotomy between the goal of social inclusion and the effect of social exclusion through over-indebtedness since 2008 in Europe. Filling a vital gap in the current literature on the effects of the financial and economic crisis, this volume puts into context academic discussion with the real-life dimension of over-indebtedness. Reports from six European countries provide socio-economic and legal information on over-indebtedness as well as the regulatory and judicial responses to the problems entailed by over-indebtedness. They form the empirical background for five analyses of different aspects of the inclusion-exclusion dichotomy. It becomes clear that in the context of credit expansion, individual over-indebtedness has turned into a social issue, which the current design of the consumer credit and mortgage system in Europe has helped to produce while disregarding the consequential danger of social exclusion.--