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Graphik: Bulletpoint Abstracts issue 3/2017 (English)

Christiane Moser: Failed Entrepreneurs in Debt Advice

Failed entrepreneurs, seeking help from the officially recognised debt advice centres, represent a special group, because of their higher-than-average indebtedness along with barriers to aspire to personal bankruptcy procedure. To study this group in detail, ASB Schuldnerberatungen GmbH, the umbrella organisation of the-by-state-approved debt adivce centres in Austria, carried out a long-term analysis in 1998, 2003, 2008 and 2013, showing developments in comparison. The studies focused on education, age structure and reasons for over-indebtedness as well as characteristics of entrepreneurship. The conclusions of these studies and long-term experiences with failed entrepreneurs were being analyzed in context of risks of over-indebtedness.

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