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Drowning in numbers – how not to reach insolvency | Yedioth Ahronoth

The coronavirus has increased the number of insolvents in Israel by tens of percent. However, the Justice Ministry does not have enough manpower to handle all debt restructuring requests on time, and in the meantime, the banks are dealing with the debtors who are waiting. Why is Israel one of the leading countries in the number of insolvencies, and how can we avoid the difficult situation that breaks up families and destroys lives?

Insolvency

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