Answers to questions on bankruptcy of individuals
(DG of West Kazakhstan region)
❓Question:
Where can I see the reason for the refusal and/or the decision on the bankruptcy of an individual?
Have the answer:
According to subparagraph 1) of paragraph 1 of Article 47 of the Law of the Republic of Kazakhstan "On Restoration of solvency and Bankruptcy of citizens of the Republic of Kazakhstan", the authorized body places on its Internet resource and the web portal of the digital government:
1) the list of citizens in respect of whom the out-of-court bankruptcy procedure has been applied, terminated and completed;
2) a list of citizens in respect of whom the relevant rulings and court decisions have entered into legal force.
Information on the status of the application, the decision taken to apply, complete or refuse to apply the bankruptcy procedure, as well as the grounds for the decision is available in the personal account on the eGov web portal.kz, as well as on the Tazalau (Qoldau) portal.
❓Question:
If you are declared bankrupt, how long will the debts be written off?
Have the answer:
The debtor's obligations to creditors are terminated from the date of posting on the e-government web portal an announcement on the completion of the out-of-court bankruptcy procedure and declaring the debtor bankrupt.
Question:
3 years ago they declared bankruptcy, 3 years later they revoked bankruptcy, where can I see the grounds?
Answer:
The financial condition of a bankrupt is monitored by an authorized body for three years after the debtor is declared bankrupt.
Upon receiving information from the authorized body, creditors have the right to apply to the court to cancel the recognition of the debtor as bankrupt and resume bankruptcy proceedings in accordance with the Civil Procedure Code of the Republic of Kazakhstan.
According to subparagraph 1) of paragraph 1 of Article 47 of the Law of the Republic of Kazakhstan "On Restoration of solvency and Bankruptcy of citizens of the Republic of Kazakhstan", the authorized body places on its Internet resource and the web portal of the digital government:
1) a list of citizens in respect of whom the out-of-court bankruptcy procedure has been applied, terminated and completed;
2) a list of citizens in respect of whom the relevant rulings and court decisions have entered into legal force.
Information about the status of the application and the decision is available in your personal account on the eGov web portal.kz, as well as on the Tazalau (Qoldau) portal.