Covid-19 Update: Act to further shorten the residual debt discharge procedure

The German Federal Parliament approved the government draft bill for an “Act to further shorten the residual debt discharge procedure” (Federal Parliamentary Doc. 19/21981, 19/22773) on 17 December 2020 in the version of the Legal and Consumer Protection Committee (the Committee, Federal Parliamentary Doc. 19/25251, 19/25322) in the Committee version (the Covid-19 Act) on the basis of the resolution proposed and the report submitted by the Committee. The path towards the speedy promulgation by...
By: Allen & Overy LLP

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