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District court pointed out the bad faith of debtor in bankruptcy

... time of applying for the loan, the debtor provided false information regarding his income, and also did not take measures to repay the debt and did not disclose information regarding his earnings. The district court reminded its colleagues that the bankruptcy of a citizen is not an instrument of relief from the debt burden, but a compromise between the debtor and his creditors. The procedure enables conscientious citizens to get rid of unsustainable debt, but should not become a tool in the hands ...

Modified: 04.20.2022
county court , bankruptcy , individual bankruptcy , creditor , ruling
Path: РусБанкрот - СМИ

The court considered salary claims within the framework of the debtor's bankruptcy

The Arbitration Court of the North-West District considered the claim of the former employee of the debtor to include the debt under the employment contract in the register of creditors’ claims. At the same time, the bankruptcy trustee expressed disagreement with the claims and made an attempt to challenge the documents on which the applicant's arguments were based. The claims of the former employee of debtor were partially satisfied by the court of first instance,...

Modified: 09.29.2021
ruling , county court , bankruptcy , debtor , creditor , labor dispute , wage collection
Path: РусБанкрот - СМИ

Court: what to do with an unfinished only housing of debtor

The case was referred to the Arbitration Court of the Ural District at the request of a financial manager. He asked the court to include the only housing of the debtor - a land plot and an unfinished house located on it, in the bankruptcy estate. The courts of the first and appeal instances took the side of the manager, considering that the debtor deliberately changed the place of registration to the house on the eve of initiation of his own bankruptcy case. In addition, the ...

Modified: 02.28.2022
county court , ruling , citizen bankruptcy , executive immunity , unfinished housing , single housing , bankruptcy
Path: РусБанкрот - СМИ

The court stood up for a bona fide buyer of the bankrupt’s real estate

The Arbitration Court of the North-Western District considered the complaint of a citizen who purchased an apartment from an individual who was in the process of debt restructuring. The courts of two instances, at the initiative of a bankruptcy trustee, considered the transaction invalid, but the district did not agree with such a position. The property in question was purchased by the applicant with proceeds from the sale of three other real estate objects, including a plot of land....

Modified: 02.17.2022
county court , decision , invalid contract , purchase and sale of an apartment , bankruptcy of a citizen , bankruptcy
Path: РусБанкрот - СМИ
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