What is the insolvency of their employer

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Acting as entrepreneurs, businessmen of our country at risk of a lot more than people who do business on behalf of the firm.You want to know what is the cause of all this?It is that the personal property of an entrepreneur are not protected and can be otsuzheno for debt.

Under normal circumstances, the businessman can be taken away almost everything he has, but the debt is gone.How to make a court lenders took their best, but the debts would be written off?It is necessary to bankruptcy of an individual entrepreneur.This procedure is complicated, but it is possible to avoid the help of very serious problems.

Bankruptcy businessman

Let's start from the beginning.Bankruptcy - liquidation carried out in a particular order and under certain circumstances.This process can be initiated only after a decision taken by the court.

Bankruptcy businessman occurs when this individual becomes simply unable to pay off all its debts have arisen due to a failed business.The whole procedure should take place in full compliance with Federal Law.

Bankruptcy entrepreneur begins with the filing of the application.Post it can not only the entrepreneurs, but also stakeholders.Here is a list of these persons:

- the creditor to whom the entrepreneur has any obligations;

- authorized body.

Please attach documents which confirm:

- the base of the debt;

- the existence of the debt;

- any circumstances relied upon by the person applying.

Bankruptcy businessman associated with the preparation of the following documents:

- evaluation of existing IP assets (to be carried out by a special body);

- all kinds of accounting documents;

- list of all creditors;

- documents which confirm that the state registration of the IP held.

insolvency of their employer is considered recognized if in due time (three months) will not be able to pay off everyone who makes it to the specific requirements.It is also important that the sum of all its obligations must be higher than the value available for it for a given period of time property.

sum of all claims together can not be less than 10 thousand rubles.

Bankruptcy businessman completed - an ordinary citizen becomes the individual and creditors lose the right to demand from him something.Do all this, and when certain exceptions.They mainly relate to the fact that the requirements of persons who as a result of entrepreneurial activity of a particular IP personal injury or something like that should be met in all circumstances.

independently in bankruptcy difficult act to much to lose.Indeed, it is necessary to calculate all.Make it can only people who are well versed in the law, therefore, appeal to professionals-lawyers quite superfluous.