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Legal Studies

Analysis of Current Issues of the Institution of Bankruptcy of Physical Entities in the Russian Federation

Kubatko Svetlana

PhD in History

Associate Professor of the Department of Civil Law and Process at Institute of Service, Tourism and Design, branch of the North Caucasus Federal University (NCFU)

357500, Russia, Stavropol'skii krai, g. Pyatigorsk, ul. Partizanskaya, 1b

Mordovin Pavel

assistant attorney at Attorney Counselling No. 156 of the Inter-Regional Bar Assocation

357500, Russia, Stavropol'skii krai, g. Pyatigorsk, ul. Gogolya, 1, of. 204

Kushkhova Bela

PhD in Law

Associate Professor of the Department of the Civil Law and Process at Institute of Service, Tourism and Design, branch of the North Caucasus Federal University (NCFU)

357500, Russia, Stavropol'skii krai, g. Pyatigorsk, ul. Partizanskaya, 1b




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The article is devoted to the research and analysis of the legislation and law enforcement practice of the institution of bankruptcy of physical entities in the Russian Federation. The subject of the research is the provisions of the Federal Law on Insolvency (Bankruptcy) regulating the aforesaid procedure in relation to physical entities. Within the framework of the research, the author defines and analyzes some problems that relate to the bankruptcy procedure of physical entities. At the present time there are both standard problems and problems arising as a result of implementation of these laws and regulations. The methods used by the authors include general research methods such as analysis, synthesis, generalisation, deduction, comparison, analogy and special research methods (comprative law and structured systems analysis). Within the framework of this research, the authors analyze five problems and in conclusion the authors offer solutions for each of them. At the end of the article the author emphasizes the need to make amendments to the current legislation about bankruptcy of physical entities. These changes are aimed, first of all, at increasing availability of the aforesaid procedure for low-income citizens who lead a marginal existence and are, in fact, bankrupts.  

Keywords: civil procedural law, civil law, arbitration process, arbitration procedural law, bankruptcy of individual, individual, insolvency, bankruptcy, civil process, legislation
This article written in Russian. You can find full text of article in Russian here .

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