Original scientific paper

Regulation of "personal insolvency" in Croatia

Jasnica Garašić ; Faculty of law, University of Zagreb, Zagreb, Croatia

Abstract

The paper presents the reasons supporting the regulation of ways to deal with insolvency of consumers, natural persons who are neither traders nor craftsmen. Regulating this area would put Croatia in the group of numerous European states which have long had pertinent regulations in place. Furthermore, guidelines are presented for introducing the institute of “personal bankruptcy”, adopted by the Government of the RC in January 2011. For the sake of comparison, the author presents the fundamental solutions in the regulation of insolvency proceedings for consumers in German law. The final part of the paper focuses on the crucial elements to consider in regulating this matter in Croatian law.

Keywords

insolvent debtor; consumer; personal insolvency; personal bankruptcy; insolvency proceedings for consumers; release from outstanding liabilities

Hrčak ID:

74386

URI

https://hrcak.srce.hr/74386

Publication date:

28.10.2011.

Article data in other languages: croatian german

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