New Belgian Law on non-performing loans
On 24 November 2021, the EU legislator adopted the Directive (EU) 2021/2167 of 24 November 2021 on credit servicers and credit purchasers (the “NPL Directive”), amending Directives 2008/48/EC (the “Consumer Credit Directive”) and 2014/17/EU (the “Mortgage Credit Directive”). The NPL Directive has been transposed in Belgium by the law of 20 December 2024 transposing the […]
