The National Association of Professional Collection Agencies (NAPCA) invited market participants to vote on debt forgiveness for all victims of the Crocus City Hall terrorist attack.
The association urged participants in the professional collection market to back the initiative supported by the largest industry companies that sit on the board of directors. The plan aims to forgive debts owed by all victims of the Crocus City Hall incident on March 22, 2024. This call to action was issued as a clear statement of collective support from industry leaders.
Reports indicate that Sovcombank plans to cancel all loans belonging to victims and to cover debts for close relatives as well, aligning with the broader relief effort urged by the industry.
A terrorist attack occurred at the Moscow Crocus City Hall concert venue. Before a performance by the Picnic group, armed assailants entered the hall and opened fire on attendees. Explosions followed and a fire broke out, prompting a large emergency response. The Investigative Committee of the Russian Federation launched a criminal case under the terrorism article of the Criminal Code.
A man held a baby and managed to save dozens of children from the venue, a moment cited in reports as a testament to the courage shown amidst the chaos.