Over 2,500 debtors in Nakhon Ratchasima seek resolution for 195 million baht informal debts
Over 2,500 debtors in Nakhon Ratchasima have registered for assistance in resolving their informal debts, amassing a total debt of 195 million baht. The highest number of registrations came from the Mueang district.
The scene at the registration point in Mueang Nakhon Ratchasima district was bustling with both debtors and creditors seeking to register for state assistance in addressing their informal debt issues. Registration officials reported that since the starting date of the registration period on December 1, they witnessed over 50 individuals signing up in person.
However, the numbers dwindled thereafter, with no more than ten people registering per day at the service point. It appears that the majority of the public chose to register online rather than make the journey to the district office.
Siam Sirimongkol, the governor of Nakhon Ratchasima province, disclosed that the overall registration for assistance to resolve informal debts across all 32 districts of Nakhon Ratchasima province from December 1 to 6, amounted to 2,561 debtors and 1,452 creditors, leading to a total debt of 195,113,842 baht, reported KhaoSod.
The top three districts with the highest registration numbers were Mueang Nakhon Ratchasima, with 575 debtor registrations, 365 creditor registrations, and a total debt of 42,580,8700 baht. This was followed by Pak Thong Chai district, with 137 debtor registrations, 66 creditor registrations, and a total debt of 8,553,500 baht. Lastly, Dan Khun Thot district had 124 debtor registrations, 76 creditor registrations, and a total debt of 6,398,405 baht.
On the other end of the spectrum, Mueang Yang district reported the least number of registrations, with just two debtor registrations, two creditor registrations, and a total debt of 150,000 baht.
In related news, the Thai government is inviting citizens to register their debts, both within and outside the formal system, to alleviate the burden of unregulated debt. This move by Prime Minister Srettha Thavisin and the Ministry of Finance is seen as a national issue, aiming to restore dignity, hope, and stability to Thai citizens suffering from the detrimental effects of unregulated debt. Read more about this story HERE.
