Committee on Creditor and Debtor Rights

The Committee on Creditor and Debtor Rights is a specialized group that focuses on the legal relationships and rights between lenders (creditors) and borrowers (debtors). It aims to develop fair practices and laws that protect both parties in financial transactions. The committee addresses issues like bankruptcy, debt collection, and credit agreements, ensuring that laws are balanced and promote responsible lending and borrowing. By providing guidelines and recommendations, it helps create a transparent and equitable financial environment for individuals and businesses alike.