Spectator on facebook

Spectator on facebook

Bankrupt people can keep €10,000 for housing, cabinet approved

Every debtor who resorts to personal bankruptcy will be able to retain €10,000 for so-called housing expenses, according to an approved bill.

Illustrative stock photo(Source: SME)

The sum of €10,000 shall prevent debtors in personal bankruptcy from becoming homeless, according to a Justice Ministry-sponsored bill approved by the cabinet on February 15.

The ministry stated, as quoted by the TASR newswire, that the amount was set so that it is both easy to remember and at the same time at least roughly representative of the cost of accommodation in a one-room flat, even though there are regional differences across Slovakia.

Having a dignified place to live is among the basic prerequisites for a person to keep their job and to retain their place in society, according to the Justice Ministry.

Top stories

UPDATED: Enough of Smer, people chanted in streets Photo

The resignation of the government is not enough. The crowd called for early elections.

Fico fell. These are good, not perfect, developments

Unlike Kaczyński’s case there are two other parties in the coalition with Smer who can still bring the government down at any time.

Media are the ultimate frontiers in defending freedom in society today

Miklós Haraszti’s keynote speech at the Budapest award ceremony of the European Press Prize, March 14, 2018.

Fico is going. So why does the crisis continue?

These 10 answers will help you understand why the coalition’s decision to rebuild the government from scratch does not satisfy the critics and protesting masses.

Most-Híd chair Béla Bugár comes to the Government Office, March 13.