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MOST RUSSIANS INITIATE BANKRUPTCY ON THE ADVICE OF BORROWERS

Up to 90% of debtors in Russia turn in one way or another to intermediary companies engaged in "solving ... ... overdue debts. A significant part of borrowers recommends that citizens go through bankruptcy proceedings, often aggravating the borrower's situation, said Anastasia Lyapunova... ... that it is possible to settle debts through obtaining credit holidays, concluding a settlement agreement or restructuring.

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