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7.1 Joint Settlement of Claims: The Law Has Come Into Effect
... of a negative event then impairs the consumer's prospect of generating income and so reduces his her expected future income. the consumer reduces his her consumption where possible and constructs a ... cases where non- payment of debts has been registered by an official authority or declared before a court. a definition of over-indebtedness which incorporates complementary elements of the various ...
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Doku_Con_Juni05_s1_33.qxp
... 2000; greenspan, alan, testimony of alan greenspan, chair- man federal reserve board concerning financial literacy before the commit- tee on banking, hou- sing and urban affairs, united states senate, february ... base their granting of a loan on the borrower's disposable net income, which in turn comes from earned income in most cases. essential questions regarding the objectives of debt counselling ...
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Netherlands cf USA Cons BK Reform v2.doc
... relief for debtors with significant future income, for reasons that i have argued before seem wholly unconvincing. see kilborn, supra note ... before 2001, debtors had to turn over to the gkb all income in excess of 94% of the legally prescribed social assistance minimum income ... even before the recofa guide was developed, almost no debtor was ever relegated to 90% of the social assistance minimum income ...
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zusammenfassung-u1-u4.qxp
... of italy only permits attachment of earnings. attachment orders take quite a long time before they are legally effective, and they are expensive. the advantage for debtors is that ... community education and technical support. 24 ireland conference 2004 causes of debt economical structural low income, no access to low cost credit incidental life events bereavement, loss of employment, marital ...
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Microsoft Word - Expert Recs and the Euro Model (Inaugural Lecture) v4 FINAL 12-10-2010.doc
... offered was that the short plan term might be counterbalanced by a smaller retained income allowance in the netherlands. some observers noted that debtors are allowed a significantly higher ... greece reverted to the 20th-century approach of requiring an attempt at a negotiated settlement before seeking formal relief. another explanation for the danish resistance to this requirement is more ...
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