Bankrupt? So you're not "in crisis"... - news on real estate, Kiev, Kyiv region. Real Estate In Ukraine

Bankrupt? So you're not The Verkhovna Rada registered a bill that authorizes you to use the bankruptcy procedure to individuals. Its author was made by the Deputy from BYUT Valery Pisarenko. According to the project...Ukrainians offer bankruptcy as a way out of crisisThe Verkhovna Rada registered a bill that authorizes you to use the bankruptcy procedure to individuals. Its author was made by the Deputy from BYUT Valery Pisarenko. According to the draft, the bankruptcy procedure can be initiated by the creditor and the debtor.In particular, the lender may insist on bankruptcy, if the debtor is unable to pay the debts at the expense of own property or more than three months shall not pay indebtedness in excess of 150 times the minimum wage (90,8 thousand hryvnias). The debtor, claiming the status of a bankrupt, to prove the necessity of the procedure.Is expected to make a decision about bankruptcy will be the commercial court at the place of residence of the debtor. During the procedure the debtor's property will be assessed for further sale for debt. "The levy for debt can not be paid for the property, which by law must remain a citizen for normal living," says Valery Pisarenko. - The court will determine what should remain low man on the maintenance of his family".Bankruptcy will have certain consequences for the person who has passed. Within 5 years this citizen will not be able to be registered as a private entrepreneur. In addition, he will not be able to qualify for Bank loans.



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