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1 - 2 van 2 voor commercial finance
7.1 Joint Settlement of Claims: The Law Has Come Into Effect
... debts, taken out to meet needs considered to be essential, without recourse to loans to finance debts contracted previously. in defining over-indebtedness, a choice must be made between an ... failure. the predominant themes of bankruptcy in member states are measures to regulate corporate and commercial insolvency. they are aimed to encourage responsible risk taking, facilitate the rescue of viable ...
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Netherlands cf USA Cons BK Reform v2.doc
... ironically, credit counseling in the united states was initiated not by welfare organizations, but by commercial banks. in response to rising default rates and personal bankruptcy filings among their consumer ... ), were pushed out of the consumer lending market in the late 1950s, as finance companies and commercial banks regained dominance, but the meteoric rise of consumer indebtedness created a new ...
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