PERSONAL BANKRUPTCY
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Banks-Insurance
CITR: Personal Insolvency Not A Sustainable Fix For Swiss Franc Credit Crisis
The problems caused by the appreciation of the Swiss franc can only be partly solved by personal bankruptcy procedures, as such procedures only apply to insolvent individuals and would make things harder on other people with loans in Swiss francs, according to...
Banks-Insurance
Romania Banking Laws Offer No Shelter From Lender’s Demand - Study
Romania is one of the few countries in Europe that doesn’t have a personal bankruptcy legislation, leaving over-indebted consumers unprotected against creditors, a report commissioned by the...