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Purpose This paper aims to provide an overview of the current state of debt advisory services and good practices in Europe. Design/methodology/approach The authors examine how debt advisory services are organised in different European countries and how they can be used to address the phenomenon of over-indebtedness. Findings Debt advisory services seem to be varied and fragmented. There are few good practices that stand out, whereas in some countries there are no services available at all. Originality/value This study provides an updated and comprehensive review of good practices and suggests some measures for evaluating the effectiveness of debt advisory services.
Tanda et al. (Fri,) studied this question.