Man’s registered debts

Vértesy, László (2008): Man’s registered debts. Published in: Public Finance Quarterly - Pénzügyi Szemle , Vol. 53, No. 2 (2008): pp. 283-296.

Abstract

The purpose of this study is to analyse and present the position and judgement of private individuals and private entrepreneurs - as debtors - in the sphere of economy and in the society. This document sheds light on the exposed position of debtors, while providing both easily comprehensible and professional guidelines to the participants of the Hungarian lending market on either side. Because law and lawyers should not consider individuals as subjects and contracting parties only, but as persons with dignity – untouchable essence -, personality and privacy, all of which represent universal human values in all fields of life, and, accordingly, in lending relations, too. From this point of view, key significance is attached to presenting the regulations on debtor lists - urged by financial institutions -, as well as the related issue of data protection, enhanced by a brief presentation of historical and technical antecedents.

• Item Type: MPRA Paper
• Language: English
• Keywords: debt, debtor list, debt management, debt registry
• Subjects: F - International Economics > F3 - International Finance > F34 - International Lending and Debt Problems; G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks ; Depository Institutions ; Micro Finance Institutions ; Mortgages; H - Public Economics > H6 - National Budget, Deficit, and Debt > H63 - Debt ; Debt Management ; Sovereign Debt

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