O POTREBI I MOGUĆNOSTI IMPLEMENTACIJE INSTITUTA POTROŠAČKOG STEČAJA U PRAVNI POREDAK BOSNE I HERCEGOVINE
ABOUT NEEDS AND POSSIBLITIES OF IMPLEMENTATION OF CONSUMER BANKRUPTCY INSTITUTE IN LEGAL SYSTEM OF BOSNIA AND HERZEGOVINA

Summary/Abstract: It is no exaggeration to say that in Bosnia and Herzegovina exist(ed) legal anomaly, which is why disorder in economic life (was) the inevitable consequence. However, the frequency of the financial crisis has caused the need for radical reform of the bankruptcy legislation so that in addition to the traditional model of conducting bankruptcy proceedings which represents the liquidation of all assets in bankruptcy (liquidation bankruptcy), a model of reorganization was developed. Moreover, in theory is being discussed the reception of the so-called pre-pack (pre-prepared plan) model of reorganization. Therefore, since the bankruptcy legislation is directly related to the characteristics of present socio-economic relations, a further step in the reform of bankruptcy legislation should be made towards the implementation of the consumer bankruptcy institute.

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