Confirmarea planului de rambursarea datoriilor şi efectele acesteia în procedura insolvenţei persoanelor fizice
The Approval or the Confirmation of the Debt Repayment Plan and the Effects of this in the Individuals Insolvency Procedure

Summary/Abstract: The debt repayment plan is the main legal instrument for carrying out the administrative insolvency procedure of the individuals. The debt repayment plan must be reconciled and voted on by the creditors. The approval of the plan has the effect of opening the insolvency procedure of individuals. If the debt repayment plan is not approved by the creditors, the debtor can ask the court to confirm it, as a consequence of opening the insolvency procedure based on a debt repayment plan. The approval or the confirmation of the debt repayment plan has the effect of suspending the law enforcement measures for the execution of the debts on the debtor's assets.

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