First and foremost, the first advantage of consumer bankruptcy should be the ability to stop all debt litigation, as well as bailiff enforcement and penalty interest charges. In addition, the size of the liabilities is irrelevant, nor is the length of time that they have been in default. It should also be remembered that in..
Day: August 20, 2023
What is subject to property division after divorce?
The joint property of the spouses is created at the time of marriage by operation of law, unless there are statutory circumstances that preclude this (e.g., prior conclusion of a marital property contract, incapacitation of one of the persons about to marry or bankruptcy). The joint property of spouses is nothing more than property acquired..
What are the reasons for the liquidation of the foundation?
According to Art. 15 of the Law of April 6, 1984. on foundations “in the event that the purpose for which the foundation was established has been achieved, or in the event that the foundation’s funds and assets are exhausted, the foundation shall be liquidated in the manner specified in the statute. If the statute..