Features of insolvency of a natural person and the peculiarities of initiating proceedings Cover Image

Fiziskās personas maksātnespējas pazīmes un procesa ierosināšanas prasību īpatnības
Features of insolvency of a natural person and the peculiarities of initiating proceedings

Author(s): Svetlana Elksnina
Subject(s): Law, Constitution, Jurisprudence, Civil Law
Published by: Baltijas Starptautiskā akadēmija
Keywords: insolvency; insolvency proceedings of a natural person;non-integrity;avoidance of obligations;application for Insolvency proceedings;debtor;financial difficulties;

Summary/Abstract: The topic of the article is “Features of insolvency of a natural person and the peculiarities of initiating proceedings”. The purpose of the research is to explore the features of insolvency proceedings of a natural person and the requirements for initiating the proceedings; also the paper brings about a topical issue and proposes a solution to this issue. In the article the author focuses mainly on the non-integrity of a natural person in the insolvency proceedings. As the basis of the research the current legal provisions reviewed in the historical development are used; literature sources and publications devoted to the analysis of the legal issue of insolvency proceedings, comments on regulatory enactments, case-law and case-law materials. Conclusions are drawn and proposals put forward in the article. The main result of the resesrch is the recognition that the legal framework of the Republic of Latvia governs the notion of non-integrity in the Insolvency proceedings of a natural person in general and indefinite terms.

  • Issue Year: 54/2019
  • Issue No: 3+4
  • Page Range: 45-52
  • Page Count: 8
  • Language: Latvian