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What rights does the debtor's spouse have in case of bankruptcy?

The Scientific Advisory Council at the Arbitration Court of the Ural District has published clarifications regarding insolvency cases of citizens. The document raised questions about the procedure for determining the amount of remuneration of the bankruptcy trustee when paying for his work with the joint property of the spouses, the pre-emptive ...

Tax officials clarified what will help to reduce subsidiary liability

The Federal Tax Service of Russia for the Ulyanovsk Region issued an explanation regarding subsidiary liability. In particular, the department named cases in which it is possible to reduce the amount of the cash payment, as well as situations where the right to initiate a case for bringing to subsidiary liability outside the bankruptcy process. Speaking about reducing the amount of liability, the Federal Tax Service mentioned the mechanism for providing information about the real beneficiaries...

Does an individual have a right to re-initiate his own bankruptcy?

The Scientific Advisory Council under the Arbitration Court of the North Caucasus District published recommendations related to the consideration of bankruptcy cases by the courts. Details of explanations given in the document are here in oumaterial. In the very first paragraph of the text of recommendations, the NCC clarified the issue of the possibility of re-initiation of an individual’s own bankruptcy case in a situation where the previous one was terminated due to his rejection of claims....

What should bankruptcy trustee do after the sale of collateral

The National Union of Anti-Crisis Management Professionals (NUACMP) has clarified a number of situations in which collateral is sold. In its positions, the union referred to judicial practice and clarifications of the Supreme Court of the Russian Federation on controversial issues. In this article, we will briefly touch on each of the points. In a situation of insolvency of the mortgagor, the proceeds from the sale of collateralized property ...

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