Strong interest in debt payment plan
More than 6,500 natural or legal persons with debts to banks and the State have visited the platform of the Special Secretariat for Private Debt since it opened two days ago.
The platform offers applicants amicable settlement proposals as part of a mechanism put in place by the government to fight bad debts and ease the burden on individuals and businesses, as well as credit and credit institutions. the state. The platform works by receiving applications from interested parties and proposing solutions.
Since the platform opened on June 1, some 4,000 applicants have already accepted the lifting of their tax and banking secrecy in order to submit their application, indicating that people are not just browsing the platform out of curiosity but are actually seriously interested. through debt settlement. program.
The platform allows the settlement of debts to the State up to 240 installments and the extension of the repayment period to banks up to 420 installments, with the prospect of a possible outright discount.
This is the first time that the amicable settlement of debts has been opened to private debtors, excluding companies, the self-employed and liberal professions.
It is also the first time that debtors have been given the opportunity to seek settlement, even though they have made their payments on time and have no past due arrears.
The people authorized to participate in the debt settlement program are people whose income has been reduced by 20%, have debts greater than 10,000 euros and 90% of their debts are not owed to a single creditor.
The platform is programmed to perform a number of checks electronically. In the event of errors or omissions, candidates are notified electronically so that they can make the necessary corrections or additions.
The platform then issues a proposal on the basis of the data extracted and entered. Creditors may disagree with the proposal and may offer an alternative.
The consultation of all creditors and the exchange of data are also carried out electronically and are displayed on the platform.
If the proposal obtains the assent of the debtor financial institutions, it is transmitted to the State and to the social security institutions, which are called upon within a certain period of time to verify compliance with the requirements of the law.