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Finance and Credit
 

Legislation formation in the field of activity on collecting of the overdue debt

Vol. 18, Iss. 7, FEBRUARY 2012

Available online: 13 February 2012

Subject Heading: LEGAL BASIS OF BUSINESS

JEL Classification: 

Belousov A.L. PhD, senior lecturer of department of financial law in O.E. Kutafin Moscow state academy of law, Vologda branch
andreybelousov@mail.ru

Current situation with overdue loan debts of individuals has been analyzed in this paper. Emphasis is placed on the peculiarities of debt recovery, carried out by collection agencies. Draft law «On the recovery of arrears» has been reviewed. Various opinions of scholars and experts concerning further development and regulation of this sector have been given.

Keywords: recovery, arrears, collectors, collection agency, borrower, debts

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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