datio insolutum

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Focus on a EU Commission position against Romanian consumers’ interest

...The reaction of BEUC, COFACE, Better Finance and the Romanian orgnaisation of financial services users. Romania is one of the very first country to have designed a "Datio In Solutum" rule to protect Romanian from abusive form of mortgages, in particular the one in foreign currencies. As you will discover in the letter joined in [...]

By | July 18th, 2016|Hot Topics|Comments Off on Focus on a EU Commission position against Romanian consumers’ interest

Focus on a specific tool to combat over-indebtedness… Datio in solutum

Two national initiatives which wipe off debts after having given back the keys of the house / apartment funded by a (mortgage) credit : a contrasted vision about who shall take the initiative ! Italy : Legislative decree adopted in April 2016:  After 18 months-instalments of non-payment (before, under the proposal, it was 7 months-instalments) [...]

By | June 18th, 2016|Hot Topics|Comments Off on Focus on a specific tool to combat over-indebtedness… Datio in solutum

FSUG position on the “Study on means to protect consumers in financial difficulty”

2013 - FSUG Position paper on the "Study on means to protect consumers in financial difficulty: personal bankruptcy, datio in solutum of mortgages, and restrictions on debt collection abusive practices”. ... The FSUG supports most of the conclusions drawn by London Economics, but especially the followings: 1. As over-indebtedness has become more common, there has [...]

By | October 6th, 2013|Reading Room|Comments Off on FSUG position on the “Study on means to protect consumers in financial difficulty”

Study on means to protect consumers in financial difficulty: personal bankruptcy, datio in solutum of mortgages, and restrictions on debt collection abusive practices

December 2012 - London Economics Study on means to protect consumers in financial difficulty: personal  bankruptcy, datio in solutum of mortgages, and restrictions on debt collection  abusive practices Final Report - Contract No MARKT/2011/023/B2/ST/FC Access to the document

By | December 6th, 2012|Reading Room|Comments Off on Study on means to protect consumers in financial difficulty: personal bankruptcy, datio in solutum of mortgages, and restrictions on debt collection abusive practices