Interference of institutions of contract law with the procedure of insolvency of individuals, regulated by Law no. 151/2015
Interference of institutions of contract law with the procedure of insolvency of individuals, regulated by Law no. 151/2015

Summary/Abstract: The purpose of establishing the insolvency procedure of the individual is subordinated, on the one hand, to the idea of remedying the financial situation of the debtor natural person, and, on the other hand, to the idea of recovering the outstanding debts held by said person’s creditors. The legal relations that have been thus established and which are ongoing in the scope of insolvency of the individual are complex, and they include both "purely civil" relations between non-professional individuals, and the relations established between professionals and individual consumers. However, as the main source of the legal relations circumscribed to the outstanding debts subject to the procedure is the contract as a type of legal deed, an analysis of the intervention in the procedure is required.

• Details
• Contents