🗊Презентация Bankruptcy of natural persons in Lithuania: issues and solutions

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Слайд 1





BANKRUPTCY OF NATURAL PERSONS IN LITHUANIA: 
ISSUES AND SOLUTIONS
Описание слайда:
BANKRUPTCY OF NATURAL PERSONS IN LITHUANIA: ISSUES AND SOLUTIONS

Слайд 2





THE HISTORY OF BANKRUPT IN THE WORLD
• Roman law more 2500 years ago
• Great Britain since the 18th century
• the Universal Human Rights Declaration on 10 December 1948
• the Convention on the Protection of Human Rights and Fundamental Freedoms 1952
• economic downturn of 1980 in France
• the increase of unemployment in 1990 in Finland
• Council Regulation (EC) No 1346/2000 on insolvency proceedings adopted on the level of the European Union on 29 May 2000 came into force on 31 December 2002
• In Lithuania it was established on 1 March 2013
Описание слайда:
THE HISTORY OF BANKRUPT IN THE WORLD • Roman law more 2500 years ago • Great Britain since the 18th century • the Universal Human Rights Declaration on 10 December 1948 • the Convention on the Protection of Human Rights and Fundamental Freedoms 1952 • economic downturn of 1980 in France • the increase of unemployment in 1990 in Finland • Council Regulation (EC) No 1346/2000 on insolvency proceedings adopted on the level of the European Union on 29 May 2000 came into force on 31 December 2002 • In Lithuania it was established on 1 March 2013

Слайд 3





THE CONCEPTS OF BANKRUPT
• do not recur
• do not the abuse of this institute
• the causes/reasons should be eliminated
• the satisfaction of minimum needs of the debtor and his family
• the restoration of the debtor's economic capacity over a certain period
Описание слайда:
THE CONCEPTS OF BANKRUPT • do not recur • do not the abuse of this institute • the causes/reasons should be eliminated • the satisfaction of minimum needs of the debtor and his family • the restoration of the debtor's economic capacity over a certain period

Слайд 4





MODELS OF REHABILITATION
Описание слайда:
MODELS OF REHABILITATION

Слайд 5





THE LITHUANIAN
BANKRUPTCY LAW OF NATURAL PERSONS
•  > LTL 25000 or €7225
• 10 years
• good–faith person (not of bad faith, not of harmful habits, not of criminal)
• doesn’t seek personal benefit
• not Solvency of the person
• not of the time of his debt liabilities
Описание слайда:
THE LITHUANIAN BANKRUPTCY LAW OF NATURAL PERSONS • > LTL 25000 or €7225 • 10 years • good–faith person (not of bad faith, not of harmful habits, not of criminal) • doesn’t seek personal benefit • not Solvency of the person • not of the time of his debt liabilities

Слайд 6





PHASES OF BANKRUPTCY PROCEEDINGS
Описание слайда:
PHASES OF BANKRUPTCY PROCEEDINGS

Слайд 7





THE GENERAL CONCLUSION 
	• Council Regulation (EC) No 1346/2000 on insolvency proceedings adopted on the level of the European Union on 29 May 2000 came into force on 31 December 2002
	• In Lithuania the law entered into force on 1 March 2013
	• good–faith persons only
	• Three phases of bankrupt
Описание слайда:
THE GENERAL CONCLUSION • Council Regulation (EC) No 1346/2000 on insolvency proceedings adopted on the level of the European Union on 29 May 2000 came into force on 31 December 2002 • In Lithuania the law entered into force on 1 March 2013 • good–faith persons only • Three phases of bankrupt

Слайд 8





Ladies and gentlemen, Thank you for your attention.
Описание слайда:
Ladies and gentlemen, Thank you for your attention.



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