private debt: Comes over-regulation on all debts. Single debt adjustment which will lead to lower debts of operational and households and also will lead to the elimination of fragmentation now create different debt arrangements applicable to plans government….
The government is a integrated solution to address the private debt, in several cases different approach is from operator to operator and the solutions given to repay debts make many debtors are trapped in the labyrinth of dose and number of times they can not stay within the rules on falling until the end.
According information, The new regulation will cover all the debts that may have households and businesses and may determine a single debt from wherever they come (Tax office, social Security funds, banks, Utilities etc.), in order to their sustainable repayment and the reduction of private debt in the country.
Actually it is the modernization and the combination of all existing arrangements with major improvements, which will become taking account of the distortions created by the policies hitherto followed.
Part of the government's plan is the creation a common e platform, which integrates all the mechanisms that exist today and are debts to IRS regulations, social Security funds (B.C. fixed setting), settings for red loans (Katseli law, Bankruptcy Code) but the court settlement.
The single electronic platform created will Provides, through the interface that will have all services, database from which arises the economic profile of the borrowers and helps to separate business and household debt in sustainable and non-.
In this direction, the government prepare and create the Debtors Data Bank, an ambitious project which will start in Ministry of Finance in cooperation with banks within the 2020.
According to the News, the Debtors Data Bank will essentially function as a state Tiresias who will collect all the financial data of natural persons and companies and based on what will form a score which constitutes the appropriate credit profile of every citizen, that this be taken into account fair manner for transactions, the lending and to reduce the bad debtor risk.