Single chapter: Treatment of over-indebtedness

In French Polynesia and New Caledonia, the credit institutions mentioned in Title I of Book V of the Monetary and Financial Code, credit institutions and finance companies, payment institutions, electronic money institutions and the bodies mentioned in Article 5 L. 511-6 of the same code declare to the Banque de France payment incidents relating to loans granted to natural persons for non-business purposes. These declarations are entered, as soon as…

Sont applicables en Nouvelle-Calédonie et en Polynésie française, sous réserve des adaptations prévues à l’article L. 771-6, the provisions of the articles mentioned in the left-hand column of the table below, in the wording indicated in the right-hand column of the same table: APPLICABLE ARTICLES IN THEIR REACTION L. 751-2 to L. 751-4 Resulting from the ordonnance n° 2016-301 du 14 mars 2016 L. 751-5 Resulting from the ordonnance n°…

For the application of article L. 751-2 in French Polynesia and New Caledonia, are not applicable: 1° The reference to paragraph 8 of Article L. 511-6 of the Monetary and Financial Code; 2° The last paragraph.

As soon as a debtor refers a matter to the private individual overindebtedness commission set up by French Polynesia or New Caledonia, it shall inform the Overseas Issuing Institute mentioned in Article L. 721-25 of the Monetary and Financial Code. The latter informs the Banque de France for the purposes of registration in the file mentioned in Article L. 751-1 of this code. When, upon appeal by the interested party…