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1 - 3 van 3 voor commercial loans
7.1 Joint Settlement of Claims: The Law Has Come Into Effect
... short-term 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 ... 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
... , 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 ... regulations restricted commercial lending to consumers, but they encouraged municipalities to create their own banks, funded and controlled by local city councils, to make low-interest loans to their consumer ...
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Microsoft Word - Expert Recs and the Euro Model (Inaugural Lecture) v4 FINAL 12-10-2010.doc
... here include small business people, natural persons . . . whose debts . . . however caused, (private or commercial) exceed their ability to repay within a reasonable period. id. at 3. 5 debtor ... council recommendation mentions without endorsing such national law exceptions as taxes, fines, and student loans. see explanatory memorandum 33. the final recommendation thus diverged from the expert report ...
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