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Household overindebtedness

What is overindebtedness? It is a situation in which a person is no longer able
to repay their debts (loan repayments, overdrafts,
rent, other bills, etc.). They can then ask for help
from the community by making use of a specific
procedure: they can apply for assistance from the
household debt commission, whose secretariat is
provided by the Banque de France.

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Economics in brief Household overindebtedness
  • Published on 12/09/2016
  • 2 pages
  • EN
  • PDF (1.25 MB)
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Updated on: 12/09/2016 17:12