Legislative changes made to the procedure for forcible debts collection

Legislative changes made to the procedure for forcible debts collection

02/05/2024

Please, be informed that, according to amendments to the legislation of the Republic of Armenia, orders for the forced withdrawal of amounts up to 2 million Armenian drams will be issued by the Notary Service of Armenia.

These changes apply to several sectors, including telecommunications (electronic communications).

Please note that in such instances, subscribers will incur a fee of 10,000 Armenian drams for notary services. This fee remains constant regardless of the subscriber's outstanding debt to Ucom.

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