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PERSONAL BANKRUPTCY AND THE ROMANIAN REALITIES
Studies and Scientific Researches: Economics Edition, 2015 Bankruptcy is defined as the legal situation in which an individual, a company or an institution cannot meet outstanding liabilities, which are superior in value compared to available assets. Personal bankruptcy refers to the situation described above in
Mihaela Condrache +1 more
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Financial Services Review, 1997 The paper argues that there is a need for the formal treatment of personal bankruptcy costs in thefinance literature. The need arises out of the relevance of such costs to both corporate and personal financing decisions. We show that (a) personal bankruptcy costs (like personal taxes) are relevant to the corporate capital structure problem and ...
Fatemi, Ali M, Ang, James S
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Reasons for Bankruptcy of Natural Persons in Lithuania
Ekonomika, 2015 In Lithuania, bankruptcy of natural persons is a relatively new subject that has been scientifically only randomly dealt with. The bill of Bankruptcy of Natural Persons in Lithuania was proposed as early as in spring 2009 (No.XIP-450, 24.03.2009). The bill met with a considerable amount of criticism and was postponed for further improvement.
Paškevičius, Arvydas +1 more
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Juridical Review of Actio Pauliana Against Bankrupt Boedal Becoming The Object Of Liability
Justisi, 2023 The Bankruptcy and Postponement of Debt Payment Obligations Act of 2004 regulates the bankruptcy process, which involves the conversion of a debtor's personal assets into bankrupt assets.
M.O. Saut Hamonangan Turnip
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Journal of Economic and Financial Sciences, 2021 Orientation: The effective and timely bankruptcy prediction is crucial to the survival of companies. In order to attain a desired result an effective bankruptcy prediction tool needs to be applied within a South African context.
Ronel J. Cassim, Matthys J. Swanepoel
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Redistributive Taxation and Personal Bankruptcy in Us States [PDF]
The Journal of Law and Economics, 2005 Both personal bankruptcy and redistributive taxes can insure households' consumption riskand both vary considerably across US states. We derive sufficient conditions under whichmore redistributive taxation makes bankruptcy exemptions less attractive both for the intratemporalinsurance and for inter-temporal consumption smoothing.
Grant, Charles, Koeniger, Winfried
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Counselling Consumer Debtors under Canada's Bankruptcy and Insolvency Act
Osgoode Hall Law Journal, 1999 If no attempts are made to determine the monetary and non-monetary reasons for bankruptcy or its recurrence, debtors may be more likely to choose bankruptcy, or remain in the cycle of bankruptcy.
Ruth E. Berry, Sue L. T. McGregor
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Research on Enterprise in Modern Economy Theory and Practice, 2022 Background and Objective: The Bankruptcy Law defines the debtor’s insolvency and sets the deadline for submitting a bankruptcy petition. Determining the reasonable time to submit the petition is crucial for the debtor’s management board.
Karina Politowska
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Personal Bankruptcy Regulations in Central and Eastern Europe [PDF]
Ovidius University Annals: Economic Sciences Series, 2016 Countries from Central and Eastern Europe are in different stages of development andimplementation of personal bankruptcy legislation. Austria has regulations comparable to those inWestern Europe, while the Czech Republic and Poland have recently ...
Roxana Hetes-Gavra +2 more
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European Journal of Islamic Finance, 2023 Islamic bankruptcy law and finance have taken on a growing role in modern economies, with several governments aiming to align the economic system with Islamic principles and solve some of the shortcomings of existing financial regulations related to ...
Klemens Katterbauer +3 more
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