Legal advice

Can you please tell me if there are any restrictions during a pandemic on filing an application to the court for the debtor’s insolvency?

01.02.2021 Dmitrijs Sustovs, head of the Litigation department of the Law

According to the current regulation, until March 1, 2021, creditors are prohibited from submitting an application to the court to initiate the debtor’s insolvency process.

In the cases established by law, the debtor himself (both a physical and a legal person) may submit an application to the court to initiate the process of his own insolvency, provided that this application is signed with a reliable electronic signature and submitted to the court remotely.

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