On bankruptcy of individuals. How qatar telegram data many people have used this “service”?
According to the Unified Federal Register of Bankruptcy Information, since October 2015, when the individual bankruptcy procedure for individuals began to exist, 1.2 million citizens have been declared insolvent. Of these, about 90 thousand were declared insolvent in the first quarter of 2024. We can expect that this year there will be about 400 thousand such cases. That is, 1% of the total number of borrowers. But we cannot talk about any sharp growth. The bankruptcy procedure still has quite strict requirements. The most important thing is that a person should not have any property. That is, he is really in a difficult life situation. Bankruptcy is an extreme measure. In this case, a person is released from debt so that he can continue to live peacefully. This is socially significant.
Some borrowers use this for selfish
purposes? They deliberately take out loans, don’t pay them back, and then declare themselves bankrupt…
Here we proceed from the balance of interests
of borrowers and banks. The share of loans unserviced for over 90 days is at minimum values: about 0.6% for mortgages, 7.7% for the portfolio of unsecured loans. And after a person is declared network protection: essential strategies for security bankrupt, very serious restrictions arise. For example, he will not be able to take alb directory out new loans for five years. And then he will face problems. Banks will look at him with caution, and if they approve loans, then at high rates. That is why we always say: it is important to prevent a problem before it has matured. Preferably even before receiving a loan.
— What advice can you give to potential borrowers?