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The Problem of Consumer Bankruptcy in Bulgaria - Evolution from Public to Law Institute

PhD Prof. Margarita Bachvarova ()
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PhD Prof. Margarita Bachvarova: University of Economics - Varna

An Annual Book of University of Economics - Varna, 2021, vol. 91, issue 1, 75-104

Abstract: This scientific research traces the process of transformation of the consumer insolvency in Bulgaria from a public into a legal institution based on the objective and naturally-determined processes. On one side they are associated with the special aspects of the historical evolution of the corporate insolvency, on the other hand is the harmonization of la of the European member states. Consideration is also given to the doctrines that work on the development of the consumer insolvency law in Bulgaria. The key outcomes of the scientific research are: performance of a historical division into periods and the basic premise that the legal method rests on the approved doctrine for the debtor’s good faith and for cancellation of a debt in the presence of a return on the debts in favor of the creditors.

Keywords: consumer insolvency; personal bankruptcy; doctrines; legal models (search for similar items in EconPapers)
JEL-codes: K15 (search for similar items in EconPapers)
Date: 2021
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