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7.1 Joint Settlement of Claims: The Law Has Come Into Effect
... like indebtedness, over-indebtedness is a natural phenomenon that inevitably touches a proportion of the population at any time and in any economic circumstances. 1. 4 overindebtedness definition continued . we ... of the concept of over-indebtedness ... exists at european level and neither are reliable statistics available to gauge the scale of the problem in the different member states. no ...
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zusammenfassung-u1-u4.qxp
... , has no sufficient remaining income to keep up necessary instal- ments. according to recent statistics, at present more than 180 000 austrian households are overindeb- ted and thus insolvent. ... persons among the clients of debt counselling ser- vices is significantly above the gene- ral population average3 . for employers, hiring overindebted persons means that they have to spend additional time ...
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