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Cabildo Abierto returns to the fray with a bill for debtors

Cabildo Abierto returns to the fray with a bill for debtors

Guido Manini Rios announced that his sector will present a new project for people who cannot pay their credits or loans.

Photo: AFP

The senator for Open Town Hall (CA) announced that the party will present a bill to deal with situations of debtors who cannot pay loans or credits provided by companies, as well as by the State.

Guido Manini Rios He anticipated that the project will improve the previous one and specified that the new text will contain the concept of fair debt through reasonable interest rates for debtors, with the aim that they can pay the debt. “There is debts of 30,000 pesos that go to 1 million when there are two, three, four years of non-compliance, and when the person wants to pay, they can no longer”, explained the senator.

The senator explained that there is an entire chapter dedicated to debts with the State since, according to Manini Rios, many times the biggest usurer is the State and exemplified with debts to state agencies such as the Social Welfare Bank (BPS)he hipotecary Banc and the General Tax Directorate (DGI). “There are many unfair situations of debtors who paid a lot and continue to owe more than they paid,” said the CA leader, who a few weeks ago gave the government a month to deal with this issue, as an ultimatum, something that Vice President Beatriz Argimón did not take in the best way.

The Broad Front project

A little over a month ago, the bench of senators of the Broad Front (FA) He presented a bill proposing a debt restructuring for people with low economic resources in the face of abusive collection methods by financiers and lenders. The opposition political force proposed a procedural formula that seeks contemplate and be effective both for debtors that they are not able to honor their obligations, such as to creditors that they cannot recover the borrowed money.

From the opposition party, they understand that CA could look favorably on accompanying the current proposed project, which, in addition to being similar, adds a “legal shield” for debtors. This agreement would guarantee the votes for its approval in the Parliament.

Source: Ambito

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