Unpaid Debt in the Czech Republic: Highest Growth in a Decade, Deteriorating Payment Morale

Unpaid Debt in the Czech Republic: Highest Growth in a Decade, Deteriorating Payment Morale

In the first half of this year, the unpaid debt of the Czechs increased by 6.4 percent year-on-year to 29.2 billion crowns. This is the highest growth of this indicator in ten years of keeping statistics. The total indebtedness of the population rose by 2.6 percent year-on-year to 3.22 trillion crowns. The payment morale of … Read more

is it possible to recover the debt through the court

is it possible to recover the debt through the court

Kazakhstanis Neglect Agreements, Raising Questions About the Legitimacy of Correspondence as Legal Evidence In Kazakhstan, a growing concern has emerged regarding the neglect of agreements by individuals, leading to situations where debtors evade their obligations, leaving borrowers unable to seek legal recourse to recover their money. Tengri Life, a prominent news outlet, recently discussed this … Read more

Refixed Mortgages: Burden or Opportunity for Czech Borrowers?

The high volume of refixed mortgages this year stems from the previously popular five-year interest rate fixation in combination with the tightening of the conditions for obtaining a loan, which the Czech National Bank introduced in the fall of 2018. Many people sped up their purchases then. According to CNB statistics, people borrowed during 2018 … Read more

Lines of Credit | three salaries | risk for debtors | YOUR MONEY

Economic conditions have not changed, the cost of credit remains high because it is not possible to fully counter the pressures inflationary and Peruvians have to bear more expenses to cover their needs, said Arturo García, professor of TO SAY. Along these lines, debtors are using their plastic to top up their budgets, though they … Read more

Dedoles owes hundreds of millions. It is closing physical stores in the Czech Republic

Slovakian seller and manufacturer of underwear, socks and other clothing Dedoles has been facing existential problems since the spring, which have led to the dismissal of employees. Following the acquisition of creditors’ claims, the company is forced to undergo a restructuring. Early in the process, it is revealed that Dedoles owes suppliers hundreds of millions … Read more

In which ours did not insure – Business – Kommersant

The Supreme Court docket of the Russian Federation (SC) acknowledged the existence of a disaster problem in the discipline of insurance plan of the civil liability of arbitration administrators (AI). The Supreme Court’s final decision was produced on a dispute more than whether to clear away the manager if he could not get added insurance … Read more

Olympian Změlík fought for business. Creditors, including PPF, are proposing bankruptcy

Former Olympian Robert Změlík has apparently made a definitive end to his food supplement business. More precisely, it was made for him by his creditors, including the PPF group, to whom he owed a total of almost 900 million crowns this spring. The business of Zmlík’s company Netwomark has been in ruins for two years … Read more

Vasil Naidenov was chased because of unpaid heating, he filed a lawsuit

“I have an equalization inscribed bill from Toplofikacia for BGN 2,700. I can’t believe it, given that I regularly pay for the heating of the apartments. I don’t know how this happens,” our music legend Vasil Naidenov told Weekend. The great Bulgarian singer received the congratulations shortly before his 71st birthday in early September. “I … Read more

The hit TV wants to go bankrupt, the company was cut off from the account

TV hit has been struggling with major financial problems for a long time; last November, one of the creditors filed for insolvency petition at the station. “As a result of the coordinated bullying action of Czech Digital Group and Česká Radiokomunikace, the debtor found himself in a situation where he has more obligations longer than … Read more

Support farmers in cattle farming groups Provide loans for business expansion – post today financial news – stocks

Support farmers in cattle farming groups Provide credit to expand the business. Date 01 March 2021 time 22:14 – Support farmers to form groups as a community enterprise to promote cattle farming Give credit with interest as little as 0.01% or a million percent. Mr. Somkiat Kimawha, Deputy Manager of the Bank for Agriculture and … Read more