Articles about borlo law (0-1 of 1)

  • Borlo Law For Excessive Debt
    By: Matthieu Laporte | - Borlo Law is a unique mechanism set up under the French law with an intention to tackle the over indebtedness of the citizens of France. This mechanism was first set up in the year 1990 and was amended in the year 1995, 1998 and in 2003. This enactment constituted an administrative body known as House Hold Debt Commission to act as a conciliatory body between the debtor and the creditors. The law entrust judiciary to legalize the decisions or the recommendations proposed by the commission to sta ...
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