Search

THE PRESENCE OF CREDITORS' STATEMENTS EXCLUDES THE TERMINATION OF BANKRUPTCY PROCEEDINGS IF ONE OF THEM IS UNFOUNDED

The creditor appealed to the court with an application for declaring the debtor bankrupt (case No. A41-27427/23). Having established the presence of signs of insolvency in the debtor and the failure to provide evidence of the impossibility of applying bankruptcy - debt restructuring procedure against the debtor (the debtor's lack of property and income), the court of first instance introduced debt restructuring procedure against the debtor, approved the financial manager and included the creditor's ...

THE DEBTOR MAY PROVIDE FALSE INFORMATION ABOUT INCOME WHEN CONCLUDING A LOAN AGREEMENT

In the framework of the bankruptcy case of a citizen, the courts considered the issue of releasing the debtor from obligations following the results of the procedure (case No. A56-57694/21).... ... the debtor and proceeded from the following: • A credit institution, assessing its risks, has the right to refuse to provide a loan to a potential borrower, since it is not obliged to provide funds to each person who applied for a loan. • The conclusion ...

CREDITORS BEGAN TO APPLY TO THE COURTS MORE OFTEN TO COLLECT SMALL DEBTS

For the third year in a row, Russian courts continue to close more and more claims for debt collection on loans and borrowings in the amount of up to 50,000 rubles. This is reported by Kommersant with reference to the statistics of the work of the courts. In the first six months of 2023, the number of completed claims increased by one and a half times to ...

Sorted by relevance | Sort by date