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Client Updates

Jun 21, 2016

Client Update | An Amendment to the Consumer Protection Law- Consumer Debt Message Delivery

On June 16, 2016 there was an amendment to the Consumer Protection Law - 1981 (Amendment No. 46) concerning the obligation of dealers to notify consumers regarding their debts prior to the initiation of any collection actions. The amendment will come into force three months after its publication and it will also apply to transactions concluded before its entry into force, provided that the debt created from the date of publication onwards.

To read the full update (in Hebrew), please click here