We know everything about bankruptcy
18/12/2024
Wednesday
18 December 
1970 France, on behalf of 25 EU countries, called for the decriminalization of same-sex relations.
1970 France, on behalf of 25 EU countries, called for the decriminalization of same-sex relations.
1970 The slavery was abolished in the United States.
1970 the slavery in the United States was abolished.
1970 The anthem of the Russian Empire “God Save the Tsar!” was performed for the first time.
OVER A MILLION KAZAKHSTANIS WILL BE ABLE TO DECLARE THEMSELVES BANKRUPT
The specified regulatory legal act introduces 3 types of bankruptcy procedures, which include extrajudicial/judicial insolvency, as well as restoration of solvency.
The key feature is that only the debtor himself can initiate bankruptcy, and the acceptance of applications will begin on March 1.
Citizens with a debt of 5.5 million tenge with a delay of more than 12 months will be able to file for bankruptcy.
Upon completion of any of the procedures, a restriction will be imposed on the debtor to accept new obligations for 5 years, and it will be possible to re-declare bankruptcy after 7 years.
It is also noted that 95% of debtors will be able to submit applications in electronic form.
Photo: Freepik
