Personal Bankruptcy Regulations in Central and Eastern Europe

Personal Bankruptcy Regulations in Central and Eastern Europe

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Countries from Central and Eastern Europe are in different stages of development andimplementation of personal bankruptcy legislation.Austria has regulations comparable to those inWestern Europe, while the Czech Republic and Poland have recently developed regulationsregarding the bankruptcy Sneakers for Men - Grey - Canvas Mesh Athletic Running Shoes of individuals.The solutions identified in countries that have followed asimilar path, namely the abandonment of a centrally planned skull bride and groom economy and transition to afunctioning market economy, which consequently led to the problem of individual bankruptcy, canalso be applied selectively in Romania in the next period.