Title Page
ABSTRACT
LIST OF ABBREVIATIONS
Contents
CHAPTER I. INTRODUCTION 12
1.1. Introduction 12
1.2. Methodology 17
1.3. Scope Of Dissertation 17
CHAPTER II. INTRODUCTION OF DEBT BUYING AND DEBT COLLECTING INDUSTRY 19
2.1. Debt Collecting Market 19
2.2. Debt Buying Market And Process 21
2.2.1. Debt Buying Market 21
2.2.2. Debt Buying Process 27
2.3. Current Vietnamese Debt Buying And Debt Collecting Industry 30
2.3.1. Debt Buying Industry 30
2.3.2. Debt Collecting Industry 36
2.4. Conclusion 37
CHAPTER III. LEGAL FRAMEWORK FOR DEBT BUYING IN VIETNAM (AND) IN COMPARISON WITH THE UNITED STATES OF AMERICA AND UNITED KINGDOM 38
3.1. Vietnamese Regulations on Private Sector Debt Buying Companies 39
3.1.1. Definition 40
3.1.2. Applicable Debt Buying Activities 41
3.1.3. Scope Of Private Sector Debt Buying Industry 42
3.1.4. Conditions Of Private Sector Debt Buying Services 44
3.2. What To Learn From The United States Of America's And British Regulations 46
3.2.1. The USA Regulations 47
3.2.2. The UK Regulations 48
3.2.3. Common Ideas Of Regulations Of The United States Of America And The United Kingdom 50
3.3. Conclusion 54
CHAPTER IV. LEGAL FRAMEWORK FOR DEBT COLLECTING IN VIETNAM (AND) IN COMPARISON WITH THE UNITED STATES OF AMERICA AND UNITED KINGDOM 56
4.1. Vietnamese Regulations On Debt Collecting Of Third Parties And Debt Buyers 57
4.1.1. Lack Of Regulations Protecting Consumers In The Process Of Debt Collecting Of Third Parties Or The Debt Buyers In Vietnamese Regulatory 58
4.1.2. The Request For Withdrawal Of Decree 104/2007/Nd-Cp On Debt Collecting Business 60
4.2. Comparison Of Vietnamese Regulations With US And UK Regulations 62
4.2.1. The Importance Of Protection Of Consumer Information And Communication With Consumers 64
4.2.2. The Protection Of Consumer From Harassment And Abuse During The Debt Collecting Process 67
4.3. Conclusion 68
CHAPTER V. PROPOSALS FOR DEVELOPING THE DEBT BUYING AND DEBT COLLECTING ACTIVITIES IN VIETNAM 71
5.1. Expansion Of The Allowable Scope Of Private-sector Debt Buyers 71
5.2. The Needs Of Establishing A Comprehensive Legal Documents And Materials For Debt Buying And Debt Collecting Industries 77
5.3. The Need Of Establishing An Organization Managing The Debt Buyers, Debt Collectors And Their Activities 81
5.4. Conclusion 83
CHAPTER VI. CONCLUSION 85
REFERENCES 89