The Federal Council wants to give people whose heads are underwater a chance. Image: Shutterstock
The Federal Council wants to give people the opportunity to get out of their financial problems. Agreements with creditors will be possible.
15.01.2025, 15:1515.01.2025, 15:50
People who are over-indebted will be offered a new chance to live debt-free. The Federal Council unveiled new sanitation procedures on Wednesday, accompanied by strict conditions.
People who fail to repay their debts themselves today have little chance of living debt-free again, notes the Federal Council in a press release. Society and the economy also lose.
Partly wipe the sponge
Two new procedures are proposed: an agreement between debtors and creditors, under conditions, will allow partial forgiveness of debts. For debtors who have no chance of finding such an agreement, a restructuring procedure through bankruptcy will be possible, again with conditions.
Safeguards are provided to avoid abuse and excessively high losses among creditors. The cantons will have to ensure that people in debt have access to advisory services on the new procedures. (joe/ats)
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The canton of Vaud put its 47,000 employees and elected officials to the test in a phishing awareness campaign. At the heart of the operation, a false email sent by a certain “Léa Rossier” invited them to open a trapped attachment entitled:
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