Debt advice in Europe: a search of the good practices to fight over-indebtedness

Abstract

Purpose

This paper aims to provide an overview of the current state of debt advisory services and good practices in Europe.

Design/methodology/approach

The authors examine how debt advisory services are organised in different European countries and how they can be used to address the phenomenon of over-indebtedness.

Findings

Debt advisory services seem to be varied and fragmented. There are few good practices that stand out, whereas in some countries there are no services available at all.

Originality/value

This study provides an updated and comprehensive review of good practices and suggests some measures for evaluating the effectiveness of debt advisory services.

Citation

Tanda, A. and Vandone, D. (2024), "Debt advice in Europe: a search of the good practices to fight over-indebtedness", Qualitative Research in Financial Markets, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/QRFM-12-2023-0301