More than 1.6 billion rubles. debts will be written off according to a simplified bankruptcy procedure for individuals, Deputy Minister of Economic Development Ilya Torosov told the Izvestia newspaper. 5,000 out of 12,000 bankruptcy applications have been approved, and 2,500 have been completed.
Since September 1 of last year, Russians with debts from 50,000 to 500,000 rubles. inclusively, they can file an out-of-court bankruptcy petition with the MFC free of charge. The bankruptcy procedure lasts six months.
For the remaining 2,500 approved applications, the half-year period has not yet passed, after which the applicant will be recognized as released from debt obligations, Torosov explained. The press service of the ministry did not specify the main reason for the refusal of 7,000 applications. Earlier in the Ministry of Economics they were associated with the absence of completed enforcement proceedings in the hands of the applicants or non-compliance with other requirements.
“The new institution of bankruptcy has taken place. The mechanism is developing at a normal pace. It can be seen that there is no jump in defaults among individuals due to the pandemic, ”Torosov said.
Now experts are improving the procedure for out-of-court bankruptcy: soon the application can be submitted through the portal of state services. In such a bill, it is proposed to raise the threshold for the amount of debt to 1 million rubles. The main obligation, for example on a loan, according to Torosov, will remain in the amount of 50,000-500,000 rubles, the rest – tax debt.