CHALUPECKÁ, Kristýna and Damian CZUDEK. The Rehabilitating Resolution of the Insolvency for the Non entrepreneurs in the Czech republic. Conference Proceedings of The International Academy of Business and Public Administration Disciplines. Orlando, Florida: The International Academy of Business and Public Administration Disciplines, 2011, vol. 8, No 1, p. 1046-1057. ISSN 1547-4836.
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Basic information
Original name The Rehabilitating Resolution of the Insolvency for the Non entrepreneurs in the Czech republic
Authors CHALUPECKÁ, Kristýna (203 Czech Republic, guarantor, belonging to the institution) and Damian CZUDEK (203 Czech Republic, belonging to the institution).
Edition Conference Proceedings of The International Academy of Business and Public Administration Disciplines, Orlando, Florida, The International Academy of Business and Public Administration Disciplines, 2011, 1547-4836.
Other information
Original language English
Type of outcome Article in a journal
Field of Study 50500 5.5 Law
Country of publisher United States of America
Confidentiality degree is not subject to a state or trade secret
RIV identification code RIV/00216224:14220/11:00051712
Organization unit Faculty of Law
Keywords in English insolvency; rehabilitating resolution; non-entrepreneur
Tags International impact, Reviewed
Changed by Changed by: Dr Mgr. Damian Czudek, Ph.D., učo 100054. Changed: 1/12/2011 14:06.
Abstract
This paper is dedicated to the regulation of the new insolvency proceedings in the Czech Republic with considerable focus on the rehabilitating resolution of the insolvency for the non-entrepreneurs that has been established by the Act no. 182/2006 Coll., on insolvency and its resolutions (the Insolvency Act, herein after IA). The core part of the contribution is formed by the analysis of the discharge from debts that is a special resolution for the insolvent debtor without debts resulting from entrepreneurial activities. This resolution could be considered as a revolutionary because it gives an opportunity to save the natural person from the debt-trap and to help him to stabilize his personal financial balance. In this context the contribution particularly deals with the prerequisites for the discharge from debts and also with the associated part of the insolvency proceedings presumed by the IA.
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