overindebtedness

Overindebtedness19 Introduction20 Attitudes towards overindebtedness have changed over the years.

So not everyone could become a cardholder and admit himself to another potential source of overindebtedness.

A common issue was debt regulation and overindebtedness.

This is aimed at helping to prevent overindebtedness.

This change in attitudes has been reflected in the Government’s approach to the prevention and solution of overindebtedness.

It was the lowest cause of overindebtedness, less than two per cent of people's commitments.

Overindebtedness of consumers in the EC member states: facts and search for solutions.

This increase can be explained largely by the overindebtedness of American consumers combined with the subprime mortgage crisis.

More broadly, more work would also need to be done on defining the multifaceted concept of overindebtedness.

It is also interesting to note that in Germany from 2004 to 2006 outstanding debt rates remained stable whereas cases of overindebtedness increased by 46%.

How does bankruptcy compare with other approaches to the social and economic issue of overindebtedness, such as the role of credit counselling agencies?

Criticism focuses on the impact on poverty, the level of interest rates, high profits, overindebtedness and suicides.

Second, “addressing overindebtedness, private as well as public, is the key to building a solid foundation for high, balanced real growth and a stable financial system.

How can we reduce usury and overindebtedness for an increasing number of citizens of the European Union?

Overindebtedness is being combated by an integrated, three-track strategy:

A consumer credit directive cannot, consequently, "cure" overindebtedness.

If tough austerity programs do not wrest nations free from high unemployment and overindebtedness, then how are they to get back on the path to growth?

Overindebtedness is a multi-faceted issue.

This is without prejudice to the possibility for Member States to ban advertisements harmful to consumers and in particular those encouraging overindebtedness.

The failure to take account of overindebtedness, assuming that matters can be resolved with an inappropriate and at times disproportionate list of information obligations.

In this paper, "insolvency" and "overindebtedness" will be assumed to have a similar meaning - an inability to meet debt service obligations as they come due.

Second Report of the Task Force on Tackling Overindebtedness (January 2003).

The Ministry of Consumer Affairs believes consumer credit legislation has only a limited role in preventing overindebtedness.

The international fiasco is the cause of the overindebtedness of the Member States of the European Union.

The prepayment rate fell for the fifth consecutive quarter, largely due to harsher origination conditions in the Spanish market and the overindebtedness of borrowers.