LawyerEckhard Finke, Legal advisor in Koblenz
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Dienstag, 09.06.2020

Residual debt discharge for consumers



from
Eckhard Finke
Lawyer
Specialist in insolvency and reorganization law
Steuerberater

Give me a call: 0261 - 404 99 761
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At six years, the period of residual debt relief in Germany for consumers is very long. Is migration to other countries a possibility?

An EU directive will reduce this to three years, but it still has to be implemented by July 17, 2021. How do you deal with these cases in the meantime?

The statements represent initial information that was current for the law applicable in Germany at the time of initial publication. The legal situation may have changed since then. Furthermore, the information provided cannot replace individual advice on a specific matter. Please contact us for this purpose.