I don't know how it is with the rest of the world, but I don't care. Water is a basic necessity, and while it is a business, people who owe money, even astronomical amounts, should be protected by the law from having their water cut off. The water company should use other means, if needed confiscate property(not the house though) but that's it. That said, I should have expected anti-Israeli opportunistics who use the "OGM JOOZ" card, when this is something that can happen to any Israeli who doesn't pay the bill, and since they're not Muslims, but our Bedouin brothers who serve in the combat corps.
Three dead, 30 wounded in Islamist attack on UN base in Mali (Reuters)
from the article: Negev councilor cuts off 4,000 Bedouin's water supply