The number of consumer bankruptcies has increased. Bankruptcies increased by a third

Significantly increased the number of people who declared bankruptcy of consumers. Dozens of people go bankrupt every day in Poland. This is confirmed by both experts and well-known statistics.

consumer bankruptcy. Bankruptcies increased by a third

According to the latest data released by the Central Economic Information Center, in April of this year, consumer bankruptcy filings concerned 1,510 people. This result is one third (34%) higher than in the same period last year.

March was a record in this regard - more than 2,000 people. bankruptcy. “Since the beginning of this year, a total of 6.8 thousand people have taken advantage of the opportunities created by the bankruptcy law. People” It is reported by Banker.pl. According to experts, five years ago there were so many bankruptcies throughout the year.

For three years, consumers have been rapidly declaring bankruptcy

However, the worries don’t end there. Since the beginning of Consumer Bankruptcy 2.0, more than 50,000 people have filed for bankruptcy. People. It can take various forms. In fact, most often it looks like most debtors implement a debt repayment plan after the assets are liquidated. They must transfer the amount determined by the court to satisfy the creditors.

Stricter rules apply to debtors who intentionally or negligently caused insolvency. Then a repayment plan of three to seven years is set. There are also cases when the court decides to write off the bankrupt’s debts without the need to fulfill the repayment plan. The ransom can also be conditional if there is a chance to improve the financial situation of the bankrupt.

Consulting companies and law firms encourage people to file for bankruptcy. They report benefits

Online ads encourage people with serious financial problems to file for bankruptcy. “Consumer bankruptcy - they paid off my debt in 2 days,” one company cheers. “We will evaluate for free whether you can declare yourself bankrupt and get out of debt” another adds. Consulting companies and law firms encourage people to file for bankruptcy. They highlight the benefits of such a solution.

This has been the case since March 2020, that is, since the introduction of a new chapter on consumer bankruptcy. It was then that the changed rules came into force. Among the many changes is the admission to court of debtors who have allowed insolvency intentionally or as a result of negligence. At present, the consumer’s fault affects the terms of the debt cancellation after the declaration of bankruptcy.