Personal bankruptcies possible as of next year

SLOVAKS unable to pay their debts will be able to declare personal bankruptcy as of next year, the daily SME wrote.

According to Branislav Pospíšil from the Justice Ministry, debtors who are unable to pay their debts for at least 30 days have to report their insolvency to a court.

Personal bankruptcy will prevent that the personal property of the debtor being seized. A court will appoint a bankruptcy trustee who will secure the sale of the property and the sum that is gained from the sale will be distributed proportionally among the individual creditors.

Compiled by Martina Jurinová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Get daily Slovak news directly to your inbox

Top stories

News digest: Some schools open, so do some ski resorts

Top prosecutor to be appointed soon. Zsuzsová goes to prison in a murder case. Pezinok judges are busy deciding about custodies for high-profile suspects.

Some schools will open on December 7

Matovič pushed through testing at schools, government is launching a pilot project this weekend.

PM Igor Matovič (front) and Education Minister Branislav Gröhling  (back)

Freed in the Kuciak murder case, guilty of another murder

The Specialised Criminal Court sends Alena Zsuzsová to prison for ordering the murder of former Hurbanovo mayor. She appealed against the verdict, insists she is innocent.

Alena Zsuzsová is escorted to the courtroom.

Health Ministry gearing up for COVID vaccines

Mass campaign planned to get people to take jab.

Illustrative stock photo