We know everything about bankruptcy
01/01/2025
Wednesday
1 January 
2021 Gregorian calendar New Year.
2020 Gregorian calendar New Year
1998 Denomination was held in Russia - a copeck was put into circulation again.
1998 Denomination was held in Russia - a penny was put into circulation again
1935 Surnames were introduced instead of titles in Turkey.
1935 Surnames were introduced instead of titles in Turkey in 1935
APPROVED RECOMMENDATIONS ON THE MANAGEMENT OF INHERITANCE CASES IN CASE OF BANKRUPTCY
The document contains instructions regarding the duties of notaries to conduct inheritance cases in the event of bankruptcy of the testator, where it is noted that the notary should record the movement of the bankruptcy case, transfer information about the existence of an inheritance case to the financial manager, open an inheritance case after receiving a request from the financial manager and a number of other recommendations.
If the heir is declared bankrupt, as the document indicates, the property not accepted by the heir is not included in the bankruptcy estate, and the heir himself has the right not to accept the inheritance. However, the notary is obliged to warn the heir about the risk of challenging such inaction according to the rules of the Bankruptcy Law.
The document also clarifies that in some cases the heir may refuse to accept the inheritance without the consent of the manager in the procedure for the sale of a citizen's property.
Photo by Freepik
