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Bankruptcy law may be adopted in Kazakhstan after killing of five people

... provokes debt load, while the litigation between banks and people, as a rule, turns out to be unfair. The bill proposes to set the bar for possible deviation of the property value at the level of 10-15% in its assessment. Considering that the mortgaged property is usually undervalued in the process of signing the contract, such a measure can make lending more transparent for the population and increase the responsibility of banks. The bankruptcy law is unlikely to improve the fate of the Akbulak shooter, even if it is adopted in the near future. The man was detained and, according to the law, can receive a punishment of about 20 years in prison, however, life imprisonment is also possible....

Modified: 09.24.2021
Kazakhstan , bankruptcy , shooter , crime , Almaty , banks , property
Path: РусБанкрот - СМИ

DISPUTES ABOUT THE SENIORITY OF COLLATERAL CAN BE COMPLEX

In the framework of the bankruptcy case (no. A40-278571/21), the bank appealed to the court to challenge the actions of the creditor aimed at registering a notice of pledge of movable property. In refusing to satisfy the application, the courts of two instances were guided by the fact that the bank's application was aimed at reviewing the judicial act. The cassation sent the dispute for reconsideration and pointed out the following: ...

Modified: 07.05.2024
bankrupt , bankruptcy , debt , banks , court , collateral , property
Path: РусБанкрот - СМИ

THE STATE DUMA WANTS TO GIVE THE RIGHT TO ONE OF THE SPOUSES TO ESTABLISH A BAN ON THE SALE OF HOUSING

... the consent of the second spouse. As the authors of the project note, in modern everyday life, situations are not uncommon in which a negligent spouse abuses the trust of his betrothed and commits questionable transactions with jointly acquired property bypassing common family interests and without the knowledge of the other half. Currently, according to the developers of the bill, there is a legislative omission that allows transactions with shared real estate without the written consent of ...

Modified: 09.25.2023
bankrupt , bankruptcy , law , state Duma , spouses , property , real estate
Path: РусБанкрот - СМИ
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