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CANCELLATION OF BENEFITS PROPOSED BY THE CENTRAL BANK OF RUSSIA MAY LEAD TO WAVE OF BANKRUPTCIES

... ago, commercial banks were recommended to stop charging a forfeit on those loans that were overdue. According to Ura.ru, the Central Bank also recommended to temporarily abandon the practice of eviction from the apartments, occupied by unscrupulous debtors,... ... bankruptcies. Some of the debtors will continue to stay afloat for some time. But the wave of applications in connection with insolvency will begin in April. Therefore, the task of the Government of the Russian Federation should be to develop such mechanisms ...

Modified: 03.30.2021
bankruptcy , coronacrisis , insolvency , Central Bank , state support
Path: РусБанкрот - СМИ

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