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It was presented to Parliament debt settlement and second chance bill.
According to the explanatory memorandum, the purpose of the proposed provisions is to establish a procedure for the debtor to access clear and transparent early warning tools, which can identify circumstances that could lead to insolvency, as well as signal to the debtor the need for a response immediate.
Early warning tools include electronic debtor notification mechanisms, as well as consulting services provided by Borrower service centers and professional bodies, as Chambers and Professional Associations. Debtors have access to information on the availability of early warning tools, as well as on debt relief and restructuring procedures and measures. The bill consists of 270 articles.
According to your report State General Accounting Office The annual cost of the first grant for the repayment of the mortgage loan is estimated at 100 million euros.
Look HERE the new invoice
