velkajärjestelystä
Velkajärjestely is a term used in Finland to describe a legal process for individuals who are unable to manage their debts. It is a form of debt restructuring or consolidation designed to help over-indebted consumers regain financial stability. The primary goal of velkajärjestely is to provide a structured repayment plan for a person's debts, typically over a period of several years, while protecting them from aggressive debt collection.
To be eligible for velkajärjestely, an individual must demonstrate that their financial difficulties are not temporary
During the velkajärjestely period, the individual makes regular payments based on their ability to pay, determined