It took more than a year for this challenge to be adequately met. Even then, and with the legislation fixed by early 2013, progress has remained slow – and not just because court proceedings entail substantial delays.
To be sure, although on the official side there has been consistency in wanting the problem to be addressed quickly, there has also been a wide divergence between those who see the problem as chiefly one to be resolved through repossessions and improved payments discipline, and those who argue for greater use of concessionary restructuring of loans.