CONSUMER ARRANGEMENT UNDER THE BANKRUPTCY LAW ACT IN POLAND
( Pp. 76-81)

More about authors
Adamus Rafal doktor yuridicheskih nauk, professor; rukovoditel fakulteta ekonomiki i kommercheskogo prava
University of Opole
Abstract:
The arrangement in consumer bankruptcy is an alternative solution to the liquidation of the bankruptcy estate and establishing a repayment plan. The consumer arrangement in bankruptcy proceedings can be contained in different formats. The regulation of the arrangement in consumer bankruptcy is based on Article 49122 and 49123 of Bankruptcy Law Act and a storied reference to the provisions on the arrangement in bankruptcy proceedings (Article 266a of Bankruptcy Law Act) and on the arrangement under the Restructuring Law. The legislator proposed one more way of debt relief by entering into an arrangement at a meeting of creditors. This solution provides that the debtor, with the help of a professional entity - court supervisor, will come to an arrangement with creditors with the appropriate application of the provisions of the Restructuring Law. This text presents the formal procedure for opening proceedings to approve the arrangement. The study presents the requirements for entering into an arrangement at a meeting of creditors, the effects of the arrangement, as well as issues related to the change in the arrangement
How to Cite:
Adamus R.., (2019), CONSUMER ARRANGEMENT UNDER THE BANKRUPTCY LAW ACT IN POLAND. Sociopolitical Sciences, 6 => 76-81.
Reference list:
R. Adamus, Bankruptcy and Restructuring Law in Poland, Societas et Iurisprudentia 2019, vol. VII, issue 2, Trnava, Slovakia
R. Adamus, Consumer bankruptcy in Poland, International and Comparative Law Review, Olomouc 2011, vol. 11, no. 2
R. Adamus, Restructuring or bankruptcy in Poland of the European Community aircraft carrier, The Social and Political Sciences, Moscow 2018, no 6
R. Adamus, Bankruptcy Proceedings in Relation to Bond Issuers in Poland, The Social and Political Sciences, Moscow 2013, no 1
R. Adamus, The arrangement proposals limiting the debtor on the board of his estate, Economic Problems and Legal Practice, Moscow 2018, no 6
R. Adamus, Grounds for opening restructuring proceedings in Poland, Gaps in Russian Legislation, Moscow 2018, no 7,
R. Adamus, Partial arrangement in the Polish Reorganization Law, Gaps in Russian Legislation, Moscow 2018, no 6, p. 305
R. Adamus, Some remarks on the issue of the legality of arrangement proposals under the Polish Reorganization Law, The Social and Political Sciences, Moscow 2018, no 5
R. Adamus, The Reorganization Law in Poland, Acta Universitatis Danubius. Juridica, Vol. 8, 2012, no 1
Keywords:
bankruptcy, insolvency, consumer, arrangement.


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