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NUMBER OF BANKRUPTCY CASES BEGAN TO GROW IN RUSSIA

For the first time since 2017, an increase in the number of bankruptcies became the result of the first half of the year. Experts associate this both with the general economic situation and the consequences of the pandemic, and with the lifting of the moratorium, which nevertheless restrained the wave of bankruptcies. The number of creditors, who announced their intention to bankrupt their debtors, increased by 30% compared to the same period of the previous year. It is worth saying that since...

10 MYTHS ABOUT BANKRUPTCIES OF INDIVIDUALS

Development Director of the UDM Group legal company Dmitry Dmitriev told Rusbankrot about the main myths associated with bankruptcy. Is it true that in case of bankruptcy, you can lose your apartment, parental rights, and even burden your relatives with debts? The expert answers. Myth 1: you can go bankrupt with a debt of 500 thousand rubles or more This is not true. The bankruptcy law states that with a debt of more than 500 thousand rubles (if it is impossible to pay it), the borrower is obliged...

THE NUMBER OF INDIVIDUAL BANKRUPTCIES IN RUSSIA GREW BY 71%

According to the results of January and February 2021, representatives of Fedresurs reported an increase in the number of individual bankruptcies. In two months, 24.8 thousand people went bankrupt, which is almost 71% more than the same period last year. The Ministry of Economic Development stated that the reason for the dynamics could be not only economic factors, but also an increase in the knowledge of citizens about the procedures associated with bankruptcy. The growth in the number of bankruptcies...

THE NUMBER OF BANKRUPTCIES OF RUSSIANS GREW BY 73%

... process. For comparison, in 2019, self-bankruptcy processes were launched in 90.7% of cases. The FTSs began to report bankruptcies less often - their rate fell from 1.7% to 1% and from 7.5% to 4.6% for bankruptcy creditors. We should recall that the bankruptcy of individuals has existed since 2015. In total, just over 282 thousand Russians managed to declare bankruptcy during this time. Experts note that recently their number has grown significantly due to the introduction of the possibility of extrajudicial ...

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