debt consolidation

In this article we continue talking about the history of the bankruptcy institute in Russia. You will be able to know more historical facts and make your own statements and conclusions after finished reading it. In 1995 in the first reading by the State Duma other project has been approved. In it, it was brought [...]

The central body of legislative authority in the management of bankruptcy in Ukraine during the period with 1996 for 2000 was the Agency concerning the bankruptcy prevention, created on the basis of the Decree of the President №435/96 from June, 17th, 1996 and Decisions of the Cabinet of Ukraine № 990 from August, 22nd 1996, [...]

Results of the research of the reasons of occurrence bankruptcy allows to allocate the following types of bankruptcy: a) casual; b) idle time and c) criminal. Bankruptcy of the subject of enterprise activity can be qualified as casual if the debtor became insolvent not on his own fault, but due to unforeseen circumstances. As, for [...]

By the nature of occurrence of the reason the types of bankruptcy are possible to subdivide on: a)cybernetic on macro- and micro level; b)cultural-ethical) the casual; and d) criminal. The cybernetic reasons are widely enough highlighted in the economic literature in works of prof. B.I.Kuzin, prof. N.I.Skvortsova, V.G.Artemenko, M.V.Bellender, G.P.Ivanov. At macro level to them [...]