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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 ...

FOR WHAT REASONS CAN A COURT NOT RELEASE A DEBTOR CITIZEN FROM HIS OBLIGATIONS?

After completing settlements with bankruptcy creditors and consideration by the court of the report on the results of the sale of a citizen's property, the debtor is released from further fulfillment of creditors' claims, including those not declared during the bankruptcy procedure. At the same time, Federal Law No. 127-FZ dated 10/26/2002 "On Insolvency (Bankruptcy)" (hereinafter referred to as the Bankruptcy Law) ...

THE STATE DUMA INTRODUCED A BILL ON PREPAYMENT FOR FORENSIC EXAMINATION

... Federation has prepared amendments to the Code of Civil Procedure providing for an advance payment for forensic examination to the court's deposit account if the party to the case requires appropriate research. The amendments were developed to implement the ... ... appointed by a magistrate, payment will be made from the regional budget. The Constitutional Court ordered amendments to the law in the framework of a case in which the opposing party initiated an examination, but did not pay for it. It was not possible ...

DEBTORS WILL BE GIVEN THE OPPORTUNITY TO REQUEST THE RESUMPTION OF ENFORCEMENT PROCEEDINGS

... Government of the Russian Federation has approved a bill setting a deadline for the resumption of suspended enforcement proceedings – up to three years. The relevant draft was prepared by the Ministry of Justice pursuant to the decision of the Constitutional Court. As explained in the explanatory note, the proposed changes will give the debtor the opportunity to apply for the resumption of suspended enforcement proceedings. In addition, the bill makes it possible to exclude abuse by the recoverer. As ...

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