RELEASE OF RESIDUAL DEBTS
RELEASE OF RESIDUAL DEBTS
Author(s): Lavinia Olivia IancuSubject(s): Law, Constitution, Jurisprudence, Health and medicine and law, Law on Economics
Published by: Editura Eurostampa
Keywords: natural person; insolvency; debts;
Summary/Abstract: The global event- COVID 19 pandemic has profoundly affected both individuals and legal entities. If for legal entities, the inability to pay the debts ends with their deletion from the registers, the natural persons, regardless of the financial difficulties they face, they must continue their existence. One solution for the financially distressed individual is the release of residual debts allowed by the insolvency law of natural persons.
Journal: Anale. Seria Ştiinţe Economice. Timişoara
- Issue Year: XXVI/2021
- Issue No: 26
- Page Range: 108-112
- Page Count: 5
- Language: English
