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The minimum income will keep Russians from writing off for debts

The minimum income will keep Russians from writing off for debts
Photo: pixabay.com

Russian President Vladimir Putin has signed a law to protect the minimum income of Russians. Income in the amount of the subsistence minimum for the working-age population in the region will be protected from writing off for debts.

As the TASS, such income is now included in the list of property that cannot be foreclosed on a writ of execution. In order for the bailiffs not to write off large amounts, the debtor can contact the bailiff service and indicate the account from which it will not be possible to write off such an amount. As of 2021, this is about 12,7 thousand rubles on average in Russia.

The exception is payments for alimony, compensation for harm to health, harm in connection with the death of a breadwinner, damage from crimes. For such industries, the minimum income will not be taken into account.

If the debtor has dependents, then he can apply to the court with a statement on the preservation of wages and other incomes in a larger amount.

 

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