ARTICLE · 22 JANUARY 2025
RegRally Insights: Consumer Protection Regulation – October 2024
ECOVIS ProventusLaw welcomes to its newest newsletter consumer protection regulation, which is dedicated to everyone who wants to understand the latest trends and developments, get tips from our experts, and deepen their knowledge.
LithuaniaConsumer Protection
ECOVIS ProventusLaw welcomes to its newest newsletter consumer
protection regulation, which is dedicated to everyone who wants to
understand the latest trends and developments, get tips from our
experts, and deepen their knowledge.
New Amendment to the Consumer Rights Protection Law Enforces
Transparent Debt Management Practices
Effective November 1, an amendment to Article 40 of the Law on
the Protection of Consumer Rights mandates improved transparency in
how consumer debt assignment and management information is
communicated. This legislation focuses on the out-of-court recovery
process for consumer contract debts, setting clear requirements and
liabilities for companies managing consumer debts.
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