YEREVAN. – A bill obliging creditors to take away the last penny from citizens is being reviewed in Armenia currently, the head of the Service for Compulsory Enforcement of Judicial Acts Mihran Poghosyan told Armenian News-News.am adding that such bills have already been adopted in several countries.

In particular the bill states that if a bank gives credit to a citizen it should not have the right to deprive the citizen of his shelter.

“Today banks do their business and secure themselves by 100 percent but citizens stay without shelter in case of not paying the credit. The citizen should not be deprived of the last shelter,”Poghosyan said.