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THE SUPREME COURT EXPRESSED ITS POSITION ON THE RELEASE OF CITIZENS FROM DEBTS FOLLOWING THE RESULTS OF BANKRUPTCY

... Supreme Court considered a complaint against the acts of lower courts that refused to apply the rules on exemption from circumstances to the debtor. The essence of the case was that a citizen filed a petition for his own bankruptcy in the presence of debts in the amount of 2 million rubles. At the same time, part of the debt was formed 3 years before bankruptcy, and part – 3 months before filing the application. Having a certain level of income, a citizen repaid debts on loans, however, the attraction ...

SANITIZED BANKS AND NPFS MAY BECOME LESS RESPONSIBLE FOR THE DEBTS OF "DAUGHTERS"

The State Duma will consider in the second reading a draft law, according to which the amount of subsidiary liability of rehabilitated organizations for the debts of legal entities controlled by them will be limited in the event of such obligations before the decision to start rehabilitation. We are talking about banks, insurance organizations and non-state pension funds (NPFs). The remainder of the debt ...

RUSSIAN GOVERNMENT DISCUSSING AUTOMATIC RECOVERY OF DEBTS FROM BUSINESS

... of introduction of automatic debt recovery from entrepreneurs was discussed, reports Izvestia. The new rule of law may find its application when concluding government contracts. It is proposed to introduce the possibility of automatic collection of debts to the budget, if there are any, from a company that has entered into a government contract. The withdrawal of a certain amount may occur immediately after payment under the contract in favor of the contractor. So far, the government has instructed ...

7 MILLION RUSSIANS TURNED OUT TO BE BANNED FROM TRAVEL ABROAD DUE TO DEBTS

The number of debtors who cannot leave the borders of the Russian Federation has grown by 3 million in 10 months. Now there are 7 million of them, which is almost a third of all Russian citizens burdened with debts. According to Izvestia, the information was provided by the Federal Bailiff Service. At the end of the first quarter of 2021, the bailiffs collected 9.2 billion rubles from the debtors banned from travel (283 million of which fell on alimony)....

MATVIENKO PROPOSED TO IMPOSE A MORATORIUM ON BANKRUPTCY

Chairman of the Federation Council Valentina Matvienko believes that the possible introduction of a moratorium on bankruptcy in Russia could contribute to the sustainability of the country's budget. She stated this at the plenary session of the Chamber of Regions. "Maybe it is worth imposing a moratorium on bankruptcy, returning to the experience of overcoming the 2008 crisis, where this measure was very effective," Valentina Matvienko noted. According to Matvienko, it is very important...

IS RADIO HERMITAGE ALL? ASSETS OF THE BANKER BAZHANOV'S WIFE ARE PUT UP FOR AUCTION

... participation until December 22, 2023. In September 2021, Rusbankrot already wrote about the beginning of the Bazhanova trial. The wife of the ex-owner of the International Bank "Saint Petersburg", who fled abroad, then had to restructure debts. Prior to that, in the spring of 2021, the DIA State Corporation began to bankrupt the radio company "Culture", which owed 15.3 million rubles. The authorities of St. Petersburg previously announced plans to save the radio. Experts suggest ...

THE ADVERTISING OF BANKRUPTCY SERVICES DID NOT LIKE THE UFAS

... the website of the Amur Federal Antimonopoly Service, in the texts of several ads it was proposed to "guarantee" write off debt obligations or in the form of a question, individuals were offered to make a choice between paying or writing off debts. Thus, the consumer could have the idea that it is not necessary to bear the burden of financial obligations at all. A special commission of the Amur Federal Antimonopoly Service decided that the information provided could mislead citizens. At the ...

IT'S NOT HEALTHY TO LIVE. ELENA MALYSHEVA FACES RUIN

The other day, the famous TV presenter Elena Malysheva informed her fans about the difficult financial situation. According to her, she is the founder of several companies, a significant part of which may face bankruptcy in the near future. One of the projects ("Elena Malysheva's Diet") of the presenter brought her about 25 million rubles in losses last year. Another project ("Living healthy") he also showed no signs of success, showing a net loss of 973 thousand rubles. At...

THE OLDEST PLANT IN KHAKASSIA IS AGAIN TRYING TO DECLARE BANKRUPT

The application for insolvency of the Abakan Experimental Mechanical Plant (AOMZ) was submitted to arbitration by representatives of the Federal Tax Service Administration. The firm, according to the court file, owed the state more than 14.6 million rubles. Last year Rusbankrot already wrote about a similar attempt by the tax authorities to bankrupt the oldest enterprise in Khakassia. Then the amount of claims was 16.8 million rubles. But the company managed to solve financial difficulties. The...

LOSE EVERYTHING. THE FOUNDER OF THE BANKRUPT FTX CRYPTO EXCHANGE WAS LEFT WITHOUT $26 BILLION

On November 11, FTX Group filed for bankruptcy in the US court. Among the participants in the lawsuit are the American "daughter" FTX Trading, the trading operator Alameda Research and 130 firms related to the activities of the crypto exchange. FTX founder Sam Bankman-Fried, whose personal fortune was once estimated at $26 billion, has lost everything. The financial problems of the exchange were known earlier, but in November the situation became more complicated. It became clear that...

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