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Out-of-court bankruptcy debts will be written off by about 41% of applicants

Out-of-court bankruptcy debts will be written off by about 41% of applicants
Photo: pixabay.com

During the first year of the implementation of the new law on extrajudicial bankruptcy, the Russians filed 12 thousand applications. However, the procedure was initiated only for 5 thousand applications. It will be possible to write off about 1,6 billion rubles of debts.

As they write "News”, The procedure was completed by about 2,5 thousand citizens. As the Deputy Minister of Economic Development Ilya Torosov noted, the mechanism of extrajudicial bankruptcy proved to be effective and justified itself. Soon the Russians will be able to apply for such a procedure through the State Services.

Credit institutions note that they have not yet recorded a large influx of extrajudicial bankruptcies. At the same time, the head of the Fedresource portal, Aleksey Yukhin, who maintains the bankruptcy register, believes that the mechanism will be fully operational in a few years. Especially if the authorities soften the criteria for potential bankrupts.

In addition, changes are planned in the law. In particular, debts can not only be written off, but also adjusted to one million rubles.

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