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Installment sale of electronics suspended in Russia

Some Russian electronics stores began to gradually refuse to provide customers with installment and credit services. This is due to the unstable exchange rate, as well as the high rate of the Central Bank of the Russian Federation. Experts believe that this situation may continue for the next few years. The abolition of the possibility of purchasing household appliances and electronics in installments has already been announced by the M-Video and Eldorado stores, as well as the Apple re:Store...

District Court allowed an installment payment on amicable agreement in bankruptcy

The Arbitration Court of the Ural District considered the complaint of the debtor, whose claim for man installment plan under an amicable agreement was rejected. At the same time, the applicant referred to the objective circumstances of the impossibility of fulfilling the conditions previously agreed by the parties, but the judicial board was adamant....

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