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7.1 Joint Settlement of Claims: The Law Has Come Into Effect
... regimes facilitated second chances and therefore entrepreneurial activity. it specifically examined the length of time a debtor remained subject to bankruptcy proceedings in the various states. as a direct ... spain the legal sources covering both the substantive and procedural aspects of the matter are spread among five different laws (i) the commercial code 1829 covers a number of substantive ...
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Netherlands cf USA Cons BK Reform v2.doc
... to repay debts in full whenever contracted. at the same time, it seems sensible--indeed pedagogically responsible-- not to pursue people ... , at 41 (reporting an average debt of 21,927 gilders). the spread of debt loads around this average is slightly weighted to lower ... necessity, and a last few holdout creditors often need more time-consuming prodding from debt counselors. combined delays of three to ...
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