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Iusland Law Offices Partner and advocate Maria Fedosova and advocate Nadezhda Bolshakova succeeded in initiating a bankruptcy procedure for a citizen on the grounds of his bad faith and insolvency.

01.02.2021

In the case of bankruptcy of a citizen with a debt reduced by the debtor from the moment of filing an application from 708,174 rubles to 478,074 rubles (amounts below the threshold value for bankruptcy of an individual - 500,000 rubles), advocate of the Bureau Bolshakova Nadezhda and partner Fedosova Maria achieved the initiation of bankruptcy proceedings of an individual on the grounds of his bad faith and insolvency. It became possible despite the already established judicial the practice of refusing to recognize the creditor's application as justified.