Encyclopedia

Creditor's Representative


Creditor representative - a professional debt collection organization, credit organization included in the list of credit and microfinance organizations and acting as a representative of a creditor belonging to one group of persons with this credit organization, or a representative of a creditor who is a specialized company, mortgage agent, or a representative of a unified housing development institution and its organizations provided for by Article 3 of Federal Law No. 225-FZ dated July 13, 2015 "On Supporting the Development and Improving the Efficiency of Management in the Housing Sector and on Amending Certain Legislative Acts of the Russian Federation"1.

  1. Federal Law No. 230-FZ of July 3, 2016 "On the Protection of the Rights and Legitimate Interests of Individuals in the Conduct of Activities to Recover Overdue Debts and on Amendments to the Federal Law "On Microfinance Activities and Microfinance Organizations". 2016, as amended on February 1, 2024, Article 2, paragraph 7. ↩

Laws with commentary

Codes and federal laws