What is the bankruptcy forindividuals
Bankruptcy is the process of recognizing at the legislative level the inability of the citizen to pay monetary debts and/or fulfill obligations on urgent payments. Indicators of bankruptcy:
1. Debt exceeds the value of a citizen's property;
2. Delaying cash obligations within three months of the debt being repaid;
3. The presence of outstanding payments worth more than 500,000. Grew up. rubles (for citizens of the Russian Federation).
However, in order for you to be officially declared bankrupt, it must be proved. Therefore, our company tries to do everything possible so that you can prove your insolvency and thereby write off all debts.