Bankruptcy of natural persons in Lithuania

issues and solutions

Research output: Contribution to journalArticle

Abstract

This article deals with the issues related to the implementation of the Law on the Bankruptcy of Natural Persons which came into force in Lithuania on 1 March 2013. The authors briefly discuss the nature and essence of bankruptcy of natural persons as a social phenomenon, and explore the problematic issues that are likely to come up in the practice of Lithuanian courts when applying the provisions of the Law on Bankruptcy of Natural Persons in specific stages of these proceedings.
Original languageEnglish
Pages (from-to)74-86
JournalEuropean scientific journal
Volume9
Issue number22
Publication statusPublished - 2013

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bankruptcy
Lithuania
human being
Law

Keywords

  • Bankruptcy
  • Bankruptcy of natural persons
  • Rehabilitation models of debtors

Cite this

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title = "Bankruptcy of natural persons in Lithuania: issues and solutions",
abstract = "This article deals with the issues related to the implementation of the Law on the Bankruptcy of Natural Persons which came into force in Lithuania on 1 March 2013. The authors briefly discuss the nature and essence of bankruptcy of natural persons as a social phenomenon, and explore the problematic issues that are likely to come up in the practice of Lithuanian courts when applying the provisions of the Law on Bankruptcy of Natural Persons in specific stages of these proceedings.",
keywords = "Bankruptcy, Bankruptcy of natural persons, Rehabilitation models of debtors",
author = "Egidija Tamosiuniene and Zilvinas Terebeiza and Darius Bolzanas",
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journal = "European scientific journal",
issn = "1857-7881",
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AU - Bolzanas, Darius

PY - 2013

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N2 - This article deals with the issues related to the implementation of the Law on the Bankruptcy of Natural Persons which came into force in Lithuania on 1 March 2013. The authors briefly discuss the nature and essence of bankruptcy of natural persons as a social phenomenon, and explore the problematic issues that are likely to come up in the practice of Lithuanian courts when applying the provisions of the Law on Bankruptcy of Natural Persons in specific stages of these proceedings.

AB - This article deals with the issues related to the implementation of the Law on the Bankruptcy of Natural Persons which came into force in Lithuania on 1 March 2013. The authors briefly discuss the nature and essence of bankruptcy of natural persons as a social phenomenon, and explore the problematic issues that are likely to come up in the practice of Lithuanian courts when applying the provisions of the Law on Bankruptcy of Natural Persons in specific stages of these proceedings.

KW - Bankruptcy

KW - Bankruptcy of natural persons

KW - Rehabilitation models of debtors

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JO - European scientific journal

JF - European scientific journal

SN - 1857-7881

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