Comments on: Regulatory Framework For Debt Collection https://bernews.com/2018/07/regulatory-framework-for-debt-collection/ Bermuda's #1 source for 24/7 breaking news, photos & videos Sat, 04 Apr 2026 18:04:34 +0000 hourly 1 http://wordpress.org/?v=3.7.5 By: aceboy https://bernews.com/2018/07/regulatory-framework-for-debt-collection/#comment-4191686 Mon, 30 Jul 2018 16:07:51 +0000 http://bernews.com/?p=781424#comment-4191686 Another regulatory framework.

The PLP are good at producing frameworks, not so good at actually “doing”…

]]> By: Mb https://bernews.com/2018/07/regulatory-framework-for-debt-collection/#comment-4181718 Fri, 27 Jul 2018 21:55:13 +0000 http://bernews.com/?p=781424#comment-4181718 Another win for the government.
This is long overdue and a good piece of legislation that will help make life a little easier for many people suffering under debt.

]]> By: gotcha https://bernews.com/2018/07/regulatory-framework-for-debt-collection/#comment-4181044 Fri, 27 Jul 2018 17:05:00 +0000 http://bernews.com/?p=781424#comment-4181044 If this happens, you can forget poorer people ever being lent money.

]]> By: S. Paw https://bernews.com/2018/07/regulatory-framework-for-debt-collection/#comment-4180859 Fri, 27 Jul 2018 15:45:17 +0000 http://bernews.com/?p=781424#comment-4180859 I trust too that the minister will stop the barbaric act of putting debtors in jail for non payment. I know several men this has happened to – while they are holding down decent jobs and genuinely struggling to meet ridiculous court orders for payment. Sending these guys to jail does nobody any good – neither the employer, the payer nor the payee. All too often too it is simply a tool by some miserable former family member to extract a perverse revenge.

]]> By: Joe Bloggs https://bernews.com/2018/07/regulatory-framework-for-debt-collection/#comment-4180768 Fri, 27 Jul 2018 15:08:28 +0000 http://bernews.com/?p=781424#comment-4180768 With respect Minister, this is a solution to various problems that already have solutions. Any form of deception for profit is already unlawful. Misrepresentation is already unlawful. Making harassing telephone calls is already unlawful. Interest and other charges can be capped under the Interest and Credit Charges (Regulation) Act.

It would be nice if the government would make the Bill available to the public so we can see what it actually says.

]]> By: What about the NATIONAL DEBT https://bernews.com/2018/07/regulatory-framework-for-debt-collection/#comment-4180747 Fri, 27 Jul 2018 14:58:47 +0000 http://bernews.com/?p=781424#comment-4180747 The PLP Gvt is talking about a lot of things–but there is scant mention of the massive debt load we are carrying in this country.

Why are they not addressing this issue???

Clearly this is of national importance….

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