Tuesday18 March 2025
nurtoday.com

The Ministry of Justice revealed a collusion between microfinance organizations, collectors, and notaries to recover debts from Kazakh citizens.

During a government meeting, Justice Minister Erlan Sarsembayev reported on the collusion between microfinance organizations, collection agencies, notaries, and private bailiffs. The discussion focused on the mechanism for executing enforcement inscriptions.
Минюст сообщил о сговоре между МФО, коллекторами и нотариусами для принудительного взыскания долгов с граждан Казахстана.

“Unfortunately, a negative practice has emerged where enforcement inscriptions were carried out without a written acknowledgment of the debt and not at the debtor's place of residence. This was done by unscrupulous notaries in collusion with microfinance organizations, collection agencies, and private bailiffs,” stated Sarsembayev.

An enforcement inscription is a tool that allows a private bailiff to recover a borrower's debt without going to court. It is executed by a notary based on documents confirming the existence of the debt.

To address issues related to enforcement inscriptions, the Ministry of Justice proposes:

  • to create a “Personal Cabinet for Parties” in the “E-Notariat” system using biometric identification;
  • to allow for objections or debt repayment through the “Personal Cabinet”;
  • to eliminate affiliations between the creditor and the private bailiff through automatic distribution of enforcement inscriptions based on written agreements;
  • to monitor compliance with territoriality – prohibiting notaries from executing enforcement inscriptions against debtors from other regions.

A pilot project for SMS notifications has already been launched, which informs parties about the execution of enforcement inscriptions. This helps debtors learn about their debts in a timely manner and settle them.

In 2024, the agency received 89,000 complaints regarding forced debt recovery.