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The Russian cabinet has reportedly approved a bill that would impose restrictions on collection agencies, including banning "psychological pressure" and the disclosure of debtors' personal information ...
As consumer debt rises in recession-hit Russia, collectors are resorting to threats and violence -- and sparking calls for action from lawmakers eager to look tough ahead of parliamentary elections.
If you thought debt collectors in the United States were bad, wait til you hear some of the horrific stories coming out of Russia these days. The country has been in a terrible recession over the ...
Resorting to harassment and threats of violence, debt collectors sent out by banks to recover money have become notorious in Russia and, many complain, usually face no punishment. But as Russia's ...
Russian debt collectors make unwanted house calls. If there is an anti-regime uprising in Russia any time soon, it won’t originate with the liberal pro-Western opposition with their iPods in one ...
Russian President Vladimir Putin signed a law on debt forgiveness for certain recruits on Saturday. It allows for up to $96,000 in debt forgiveness for those who sign a minimum one-year contract ...
A Russian electricity company is employing an unorthodox method of debt collection - pet ransom.
Russian President Vladimir Putin signed a law on Saturday on debt forgiveness for new army recruits signing up to fight in Ukraine, a Russian government website showed.
Debt-retrieval agencies worldwide buy consumer credit owed to banks at knockdown rates and then chase down the debtors. But at the violent, loosely regulated end of Russia's debt-collection industry, ...
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