Fulfillment of debt relief under the amendment - new conditions, new possibilities, new issues

Abstract

At its 26th session, the Chamber of Deputies of the Parliament of the Czech Republic completed the process of approval of 36 amendments to the Insolvency Act, which the Czech Government submitted to the Legislative Assembly at the end of January 2018. The amendment's motive is changes in the process of debt relief, especially conditions for fulfilling this remediation method of solving bankruptcy or threatening debtor's bankruptcy.

Keywords

• Insolvency
• debt relief
• insolvency law