Search

EXECUTIVE IMMUNITY EXTENDED TO MORTGAGE HOUSING OF A BANKRUPT

A citizen recognized as insolvent will keep the only housing that is in the mortgage. The relevant law was signed by Russian President Vladimir Putin. Due to changes in the law, a third party will be able to give the debtor a loan without interest to repay the mortgage. Earlier, this required first dealing with all the requirements included in the debtor's register. Also, a settlement agreement may be concluded between a citizen and a creditor whose claims are secured ...

PART OF THE MONEY FROM THE SALE OF THE ONLY MORTGAGE HOUSING WILL BE LEFT TO THE BANKRUPT. BUT THIS IS NOT ACCURATE

... Kommersant, the bill proposed by the Ministry of Economy implies that funds from the sale of mortgage housing will be sent to a special account. At first, they can only be used... ... First Deputy Head of the Ministry of Economy Ilya Torosov noted that the bill provides debtors with "an additional guarantee of protection of their constitutional right... ... to buy or rent new housing. At the same time, the amount that is excluded from the bankruptcy estate may be reduced in court at the request of the persons involved in...

Sorted by relevance | Sort by date