Self-Help, Private Debt Collection and the Concomitant Risks

Released on by Cӑtӑlin Gabriel Stӑnescu
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  • Self-Help, Private Debt Collection and the Concomitant Risks Book Detail

  • Author : Cӑtӑlin Gabriel Stӑnescu
  • Release Date : 2015-08-25
  • Publisher : Springer
  • Genre : Law
  • Pages : 326
  • ISBN 13 : 3319215035
  • File Size : 42,42 MB
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Self-Help, Private Debt Collection and the Concomitant Risks by Cӑtӑlin Gabriel Stӑnescu PDF Summary

Book Description: The book shows that self-help in commercial law is a fast, inexpensive and efficient alternative to court enforcement. Self-help remedies and private debt collection are largely but not exclusively features of common law jurisdictions, since remnants of private enforcement can still be found in contract law in civilian systems. The book argues that – despite their usefulness – self-help and private debt collection entail significant risks, especially for consumer debtors. This means that private enforcement needs to be accompanied by the introduction of tailor-made consumer-debtor protection regulation. Specific attention is given to factoring, which functions in many instances as a form of pseudo-private debt collection and which has been exploited to bypass sector-specific consumer protection regulations.

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