Participation in debt settlement e-platform rising steadily

The number of homeowners seeking protection of their primary residence or a favourable debt settlement for their mortgage, consumer and business loans is steadily rising, the Private Debt Management secretariat said in a report.

The secretariat said that a total of 57,956 users have entered the electronic platform, 38,563 users have begun procedures for applying, a total of 1,316 applications have been forwarded to banks, banks offered 367 debt settlement proposals (112 debt settlement proposals have been accepted), while authorities have approved state subsidy to 56 citizens for their primary residence.