Abstract
In recent years, lawmakers have struggled with a multitude of negative effects caused by the rapidly rising tide of debt distress among natural persons. Data from 2020 confirm the relevance of the bankruptcy of natural persons in the Baltic states. One of the factors that determine the choice of a natural person to go bankrupt is the provision of reasonable grounds to open bankruptcy proceedings.
| Original language | English |
|---|---|
| Pages (from-to) | 100-114 |
| Number of pages | 15 |
| Journal | International Comparative Jurisprudence |
| Volume | 7 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - 2021 |
Keywords
- Baltic state
- Conditions of bankruptcy
- Indebtedness
- Individual
- Natural person
OECD Field of Science
- 5.5 Law
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