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BANKS SHOULD NOT BE ALLOWED TO DEPRIVE CITIZEN OF SHELTER - ARMENIAN OFFICIAL
news.am
July 12, 2012 | 01:02
YEREVAN. - A bill obliging creditors to take away the last penny
from citizens is being reviewed in Armenia currently, the head of the
Service for Compulsory Enforcement of Judicial Acts Mihran Poghosyan
told Armenian News-News.am adding that such bills have already been
adopted in several countries.
In particular the bill states that if a bank gives credit to a citizen
it should not have the right to deprive the citizen of his shelter.
"Today banks do their business and secure themselves by 100 percent
but citizens stay without shelter in case of not paying the credit.
The citizen should not be deprived of the last shelter,"Poghosyan said.
news.am
July 12, 2012 | 01:02
YEREVAN. - A bill obliging creditors to take away the last penny
from citizens is being reviewed in Armenia currently, the head of the
Service for Compulsory Enforcement of Judicial Acts Mihran Poghosyan
told Armenian News-News.am adding that such bills have already been
adopted in several countries.
In particular the bill states that if a bank gives credit to a citizen
it should not have the right to deprive the citizen of his shelter.
"Today banks do their business and secure themselves by 100 percent
but citizens stay without shelter in case of not paying the credit.
The citizen should not be deprived of the last shelter,"Poghosyan said.