What are the benefits of using consumer bankruptcy?

Debt relief and mental comfort new start for people who are struggling with debt restoration of normal living conditions Suspension of debt collection (pre-court), court and enforcement proceedings the course of accrued interest is stopped, that is, the debt does not increase in the event of the sale of an apartment or house by the..

Consent to divorce without adjudication of guilt.

It is important to remember that the court or attorneys are primarily interested in ending the case as soon as possible, preferably at the first hearing. This will not always benefit the aggrieved spouse. Often, only the arguments that can be raised in a divorce case (e.g., regarding the adjudication of guilt for marital breakdown,..

Allocation of the association’s assets

The assets of the liquidated association shall be allocated to the purpose specified in the statute. If the statute does not contain provisions in this regard, the resolution may explicitly indicate to which entity the assets will be transferred. As a rule, the entity to which the transfer is to be made should carry out..

Who can file for consumer bankruptcy?

An individual who is not engaged (at the time of application) in business – including one who has closed a business. A businessman can also declare consumer bankruptcy if he terminates his business early enough. Then the entrepreneur will become a consumer and can file for bankruptcy. After the court closes the proceedings, the debtor..

Is the first divorce hearing conciliatory in nature?

Don’t. In the past, there used to be such a thing as a conciliation meeting, where the spouses, even before the trial, were urged to renew their marriage. Today, this practice is not followed and even the first hearing in court is immediately held to thoroughly investigate the case and possibly dissolve the union. During..

What are the reasons for dissolution of the company?

The process of liquidation of a limited liability company is a process, the first stage of which is the occurrence of circumstances that cause the company to dissolve (although not every dissolution of a company means its liquidation). This can be both the will of the shareholders and other objective circumstances resulting in the company..

How long is the bankruptcy petition pending ?

According to the regulations, a consumer bankruptcy petition should be processed up to 30 days after it is filed, but, as practice shows, it usually takes longer. This means that in some justified situations the Court may exceed this deadline. This will be the case in several instances, and to name just a few: 1.formal..

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