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COLLECTORS WILL BE ABLE TO COMMUNICATE WITH DEBTORS THROUGH PUBLIC SERVICES

Collectors will have the opportunity to communicate with debtors through Public Services. The relevant amendments to the law will take effect on February 1, 2024. In addition, the law, which comes into force next month, allows the parties to meet, communicate by phone or via e-mail. The conditions of communication ...

BANKS SOLD RECORD AMOUNT OF DEBTS OF RUSSIANS TO COLLECTORS

The third quarter of 2023 has already been marked by a record number of overdue debts of individuals. The total amount was 75 billion rubles. This is more than 97% of all debts put up for sale. In total, during the period from July to September, banks put up for sale about 77.2 billion rubles of overdue debts. In the first half ...

THE MINISTRY OF JUSTICE PROPOSED TO IMPOSE FINES OF UP TO 2 MILLION RUBLES FOR THE OBSESSION OF COLLECTORS

... individuals from 50 to 500 thousand rubles, from 100 thousand to 1 million rubles or disqualification for up to one year for officials and up to 2 million for organizations. The bill was developed after last year's amendments, including restrictions for collectors in dealing with debtors. From February 1, 2024, the debtor has the right not to communicate with the claimants personally and to interact with them by mail, in electronic format, through a notary office or "Public Services". The Ministry of Justice also proposes ...

COLLECTORS FROM "UNFRIENDLY" COUNTRIES MAY BE BANNED FROM WORKING IN THE RUSSIAN FEDERATION

... abroad. In addition, this should exclude the possibility for these individuals to collect personal data of Russians and put pressure on them. As the RBC publication notes, the project has already been supported by the National Association of Professional Collectors (NAPCA). According to her representative, this will help bring order to the industry related to debt collection. Over the past few years, many Western founders of collection structures have already left the Russian business. In September 2023, the "First Client Bureau" (PKB) did this. Roman Kovalev acquired the capital of foreign PKB participants....

THE SUPREME COURT SUPPORTED THE RELATIVES OF THE DECEASED DEBTOR

... statement from the creditor bank was required, which was indicated in the contract by the beneficiary. The bank itself did not apply to the insurance company, having transferred the obligations on loans of the deceased citizen to the local collectors. The collectors, who applied to the court, mistakenly believing that the daughters became heirs and had to pay their mother's debts, lost the case. The primary instance indicated that the bank was eligible for insurance and dismissed the claim. However, the appeal of the debt recovery firm radically changed the nature of the process. The Voronezh Regional Court recovered 90,...

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