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Russians will be able to declare bankruptcy to get out of debt
Amendments proposed by the Ministry, will allow debtors to avoid confiscation, taking advantage of the bankruptcy. Insolvent can recognize a citizen who for six months was unable to pay the debts of not less than 100 000 rubles.
Amendments proposed by the Ministry, will allow debtors to avoid confiscation of using bankruptcy
Today bankrupt can only recognize a company or individual entrepreneurs. The property also citizens who were unable to pay its creditors, court bailiffs seized. Have to pay up to the full repayment of the debt.
Insolvent can recognize a citizen who for six months was unable to pay the debts of not less than 100 000 rubles. Creditors have the right to initiate the procedure or the debtor himself, who can apply for debt restructuring for five years, and even make her own plan.
With his subject, he would be considered free from debt. Otherwise, waiting for the sale of property of the debtor. Decision on restructuring will take the court.
If the size of the estate is less than 100 000 rubles, and the claims of creditors are not satisfied, the debtor can recognize the notorious bankrupt if it does not prove the existence of "difficult circumstances". File for bankruptcy can be no more than once every five years.
Amendments proposed by the Ministry, will allow debtors to avoid confiscation of using bankruptcy
Today bankrupt can only recognize a company or individual entrepreneurs. The property also citizens who were unable to pay its creditors, court bailiffs seized. Have to pay up to the full repayment of the debt.
Insolvent can recognize a citizen who for six months was unable to pay the debts of not less than 100 000 rubles. Creditors have the right to initiate the procedure or the debtor himself, who can apply for debt restructuring for five years, and even make her own plan.
With his subject, he would be considered free from debt. Otherwise, waiting for the sale of property of the debtor. Decision on restructuring will take the court.
If the size of the estate is less than 100 000 rubles, and the claims of creditors are not satisfied, the debtor can recognize the notorious bankrupt if it does not prove the existence of "difficult circumstances". File for bankruptcy can be no more than once every five years.
