Volume 37 (2016) / Issue 2
Federico Ferretti, Riccardo Salomone, Holger Sutschet, Viktoras Tsiafoutis, 'The Regulatory Framework of Consumer Over-indebtedness in the UK, Germany, Italy, and Greece: Comparative Profiles of Responsible Credit and Personal Insolvency Law Part I' (2016) 37 Business Law Review, Issue 2, pp. 64–71
This is the first part of a two-part article which compares and analyses the regulatory framework addressing consumer overindebtedness in four EU Member States against the policy and law of the European Union. It aims to capture the preventive and the curative measures against overindebtedness in the selected Member States to assess the impact that EU policy and law is having on the internal market and effectively tackle a problem that affects millions of European consumers. Part I first provides the background of EU law and policies, then it investigates the legal framework in the UK and in Germany. In the forthcoming issue, Part II will explore Italy and Greece. It will conclude with a comparative analysis outlining shortcomings and best practices.
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