Revista Institutului Naţional de Justiţie (Apr 2015)

Modernizarea legislaţiei insolvenţei în România

  • Moţiu Florin-Aurel

Journal volume & issue
Vol. 9, no. 1
pp. 28 – 31

Abstract

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At present, in Romania the indebted borrowers have no leverage at hand to release itself from the debts which can not pay and the solutions offered by the banks just increase the credit’s total cost. In this context, an eficient law of the personal insolvency, alongside other measures and good practices would discipline borrowers, ensuring a more balanced satisfaction of the creditor, and at the same time would prevent big debts.

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