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MOBILIZED BUSINESSMEN WILL BE PROVIDED WITH CREDIT HOLIDAYS

Also, sole proprietors and legal entities will have the opportunity to transfer companies to trust management or keep their registration unchanged while the owner is absent for a good reason. The State Duma approved two laws on support of mobilized entrepreneurs in three readings at once. This is reported by Kommersant. Бизнесмены смогут получить кредитные каникулы на срок мобилизации, увеличенный на 30 дней. Их можно будет продлить в случае болезни или «безвестного отсутствия» заемщика. Как отметил...

MOST RUSSIANS INITIATE BANKRUPTCY ON THE ADVICE OF BORROWERS

... the Retail Recovery and Settlement division of Sberbank, emphasizes that almost every debtor has the opportunity to get out of debt without going through the insolvency procedure. Experts remind that it is possible to settle debts through obtaining credit holidays, concluding a settlement agreement or restructuring.

MOBILIZED BANKRUPTS WILL BE ABLE TO RECEIVE PAYMENTS INDEPENDENTLY

A bill on granting credit holidays to SMEs has been submitted to the State Duma. It proposes to grant the right to a deferral on credit obligations to citizens called up for military service on mobilization to preserve their business. Earlier, a similar bill was considered ...

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