Consumer debt written off sooner in Poland
PR dla Zagranicy
Grzegorz Siwicki
09.07.2018 15:50
Consumers with unpaid debt will have their dues written off after six years instead of 10 under new rules that took effect in Poland on Monday.
Photo: stevepb/pixabay.com/CC0 Creative Commons
The change in the law aims to benefit consumers, according to a spokesman for the justice ministry.
The new regulations, sponsored by the justice ministry, oblige courts to check if claims are still valid, spokesman Jan Kanthak told public broadcaster Polish Radio’s IAR news agency.
As a result, consumers will be better protected against dishonest debt collection companies, which sometimes pursue outdated claims, he said.
The new rules do not affect business debt, which becomes overdue in Poland after three years, IAR reported.
(gs/pk)
Source: IAR