Presenting a bill on collection companies to prevent pressure on debtors

Presenting a bill on collection companies to prevent pressure on debtors

The government is to submit to the National Assembly a bill on collection companies, in order to prevent pressure on debtors. "Before starting to collect debts, the company will have to notify the debtor and invite them to voluntarily pay the money, as a possibility for contesting is envisaged," Deputy Prime Minister Korneliya Ninova said. In addition, it is forbidden for the collectors to ask for a larger amount than the obligation, to call at homes of debtors from 8 pm to 7 am, to place information about the debtors in public places. The bill provides for hefty fines in case of violations.

SEARCH

[%EVENTS_SIDEBAR%]
Previous Next
Close
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.