Comparative Consumer Law

Arrears lent collection in midnight

March 4, 2009 · Leave a Comment

Collection of unpaid lent in midnight was illegal; the Fukuoka Summery Court ruled and ordered to pay damage compensation in mental distress to Surety Company of landlord. Whilst the tenant claimed 1 million yen, the court only approved 50,000 yen as damages.

Debt collection is regulated strictly by the Money Lender Law; but lent collection is only restricted by general clause of the civil code.

Categories: unfair trade practices