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RUSSIANS WANT TO WRITE OFF 2 BILLION RUBLES OF DEBT BY BANKRUPTCY

The procedure for extrajudicial bankruptcy was launched in Russia over a year ago, and so far about 6 thousand citizens have been able to use it. At the same time, the total amount of financial debts of Russians who do not have the ability to make payments on their obligations has already exceeded the 2 billion mark. And although experts predict that the rules on extrajudicial bankruptcy will start working in full only after a couple of years,...

ALL-TIME MAXIMUM DEBT BURDEN OF POPULATION IS REPORTED IN RUSSIA

The debt burden of Russians, according to the Central Bank, has reached a record high. According to the information provided in the regulator's review, the amount of debt reached 11.9%, having updated the figure of March, according to the results of the ...

The number of bankrupt borrowers doubled in Russia

... been declared bankrupt. At the same time, the number of such bankruptcies in the first nine months of 2021 turned out to be 80% more than in 2020. Compared to 2019, the number of bankruptcies increased by 188%, which means that it has almost doubled. Statistics show that in most cases (95.1%) the initiative for launching the bankruptcy proceedings of citizens belongs to them. People simply cannot pay off their debts and file applications in court. Situations when tax authorities initiate proceedings against individuals are minimal. Their share slightly exceeds 1.1%. In another 3.8% of cases, the bankruptcy of citizens is initiated by their creditors. Moscow ...

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