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Elderly Debtor's 415,000 Shekel Debt Significantly Reduced
An Israeli woman, 78, with 415,000 shekels in debt, has had her debt reduced by over 300,000 shekels through a new repayment plan. The Enforcement and Collection Authority's Community Registrar, Corinne Yitzhaki, approved a plan for the woman to pay 2,000 shekels monthly for 36 months.
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What happened
- 01A 78-year-old Israeli woman's 415,000 shekel debt was reduced by over 300,000 shekels.
- 02She will repay the remaining debt at 2,000 shekels per month for 36 months.
- 03The case was handled by Community Registrar Corinne Yitzhaki of the Enforcement and Collection Authority.
- 04The woman faced financial hardship due to family issues and her son's gambling addiction.
- 05She had to sell her home and continues to work two jobs despite health issues.
- 06The community registrar system assists debtors with complex life circumstances.
This initiative aims to assist debtors facing complex life circumstances who struggle with the legal system. The woman, who sold her home due to financial hardship, will have her debts closed upon completing the plan.
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