Scurte considerații despre obligațiile civile, insolvență și insolvabilitate
Short considerations about legal obligations, insolvency and insolvability

Summary/Abstract: The author’s following paper is designed to present an overview of legal institutions like civil obligations, insolvency and insolvability. The study starts with a short presentation of the Romanian economic context before and in the aftermath of the 2009 financial crisis, having been one of the main causes of the increase in insolvency procedures. The paper’s findings present the practical and moral need for legislative action in the matter of codification of personal bankruptcy as none of the legal mechanisms available today can repair some of the injustices natural persons face financially.

• Details
• Contents