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Germany · Motion · Antrag

11/3047

Debt advice and debt settlement for consumers (G-SIG: 11002969)

openGermany· German Bundestag· DE

Introduced

3 October 1988

Last action

Status

Nicht abgeschlossen - Einzelheiten siehe Vorgangsablauf

Sponsors

Subjects

Discovery layer

Source updated

26 July 2022

Summary

Presentation of a bill for better protection against credit usury: among other things, legal description of the usury limit, a ban on compound interest without exception, deletion of § 289 sentence 2 BGB, no punitive or preventative nature of default interest, regulations against their excessive increase; legal and financially secure debt advice; Introduction of a small insolvency procedure for consumers in hopeless financial situations with discharge of remaining debts

Machine translation from German. The official text remains authoritative.

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Documents

1 official file

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