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District Court allowed an installment payment on amicable agreement in bankruptcy

... Arbitration Court of the Ural District considered the complaint of the debtor, whose claim for man installment plan under an amicable agreement was rejected. At the same time, the applicant referred to the objective circumstances of the impossibility ... ... the court had no right to make adjustments to the amicable agreement concluded between the parties. The judicial board of the District Court reminded its colleagues that the creditor, who owns more than 25% of the total amount of debts under the transaction,...

Modified: 10.21.2021
district court , ruling , amicable agreement , installment plan , citizen bankruptcy , bankruptcy
Path: РусБанкрот - СМИ
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