It may seem that the lack of assets prevents debt relief. This is not true, because if a consumer bankruptcy is filed, further debt relief proceedings may proceed according to various scenarios depending on the debtor’s financial situation:1.The court may establish a repayment plan for creditors – if the debtor has no assets, but has..
Year: 2023
Consumer bankruptcy without assets – what does the court check?
In the case of consumer bankruptcy without assets, the court first of all checks whether the debtor actually has no assets. Thus, it is important to remember that their concealment may result in the rejection of the application.It is also not worthwhile to dispose of assets in order to avoid their seizure by the receiver,..
What is not subject to property division after divorce?
Personal property is property to which only one spouse holds legal title. Personal property primarily includes property acquired before the formation of statutory community, that is, de facto, before the marriage. Any property that a spouse owned before the marriage does not come into the joint property. Personal property also includes assets acquired during the..
What are the father’s rights after divorce? What is a mother entitled to after a divorce? What does it mean to entrust both parents with parental authority?
Ruling on parental authority and contact with the child requires the court to comprehensively consider the facts of the case, concerning both the child(ren) and the parents. The interest (welfare) of the child and the interest of society should be taken into account first, not the parents (cf. Supreme Court judgment of 25.08.1981, III CRN..
Who covers the costs of bankruptcy when there are no assets?
According to Art. 491 of the Bankruptcy Law if the assets and income of the insolvent debtor do not allow to cover the costs of the proceedings, the Treasury shall cover them temporarily. However, the debtor should return them under a debt repayment plan. Such reimbursement can be postponed until the debtor’s financial situation improves,..
Who are the liquidators of the limited liability company. ?
Liquidators are indicated in the notification on the opening of liquidation filed with the registry court, as we wrote about in Step 1. The functions of liquidators are performed by former members of the board of directors of the liquidated company, whose terms of office expire upon the dissolution of the company. By resolution of..
Thanks from the Jurassic Chamber of Commerce
KANCELARIA PRAWNA JAWORSKA & WSPÓLNICY has received thanks for all its cooperation with members of the Jurassic Chamber of Commerce, and in particular for developing and submitting for publication a series of articles bringing legal topics closer to entrepreneurs. I sincerely thank the entire team of the law firm for their daily commitment to entrepreneurs.
Who should pay child support after divorce?
As a general rule, the first person who is obliged to pay child support is the parent who does not care for the child – in Poland this is most often the father, but, of course, there are also women who pay child support for a child in the care of a partner. At the..
What does the restructuring of the company look like?
The first step initiating simplified proceedings for approval of an arrangement is to find a restructuring advisor with whom a contract will be signed to supervise the proceedings. It is necessary to choose among those who are licensed. Once the supervision agreement is signed, the next step is for the debtor, with the help of..
JAWORSKA & PARTNERSHIP LAW OFFICE has consistently supported the readers of Jura magazine with its expertise for 5 years.
JAWORSKA & PARTNERSHIP LAW OFFICE has consistently supported the readers of Jura magazine with its expertise for 5 years. As an active member of the Jurassic Chamber of Commerce, which unites entrepreneurs, we care about the legal education of its members. Today we share our vision on the subject of bankruptcy of an..