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7.1 Joint Settlement of Claims: The Law Has Come Into Effect
... common instrument used to maintain a stable level of consumption, compatible with its lifetime resources, over different stages of the individual or family's lifecycle. being indebted - formally ... over- indebtedness is due not to mismanagement of resources but the nature of uncertainty. therefore, like indebtedness, over-indebtedness is a natural phenomenon that inevitably touches a proportion of ...
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zusammenfassung-u1-u4.qxp
... present. the future development of debt counselling services will depend on whether sufficient financial resources will be made available (by municipal or laender governments and by financial service providers ... to the bankruptcy act in connection w. debt rescheduling natural persons. 5) title 1 refers to regular bankruptcies of natural and legal persons, title 2 covers suspension of payment ...
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Microsoft Word - Expert Recs and the Euro Model (Inaugural Lecture) v4 FINAL 12-10-2010.doc
... www.insol.org pdf consdebt.pdf. note that consumer debtors here include small business people, natural persons . . . whose debts . . . however caused, (private or commercial) exceed their ability to repay within ... hand, a debtor's entire available payment capacity should be available to creditors. noting that resources should be reserved to debtors to allow them to maintain a reasonable standard of ...
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