Abstract:
The report deals with the current legal questions relating to the trading, working out and outsourcing of non-performing loans. Within this framework the basic legal provisions and the problems arising therefrom, for example, in the area of data protection or banking secrecy, are explained and practical suggestions for a proposed line of action are made. The solutions range from the classical working out in banks over the new concept of a bad bank to legally complex conception, such as securitisation. The objective is to identify the basic lines taken in the discussion so far and to pinpoint the approaches for a continued development of the topic for the purposes of research and legal practice.