Features of the Commencement of the Bankruptcy Case (The Right to File an Application for a Bankruptcy)

Abstract

The right to file an application for a bankruptcy is the right to initiate and maintain judicial review of the insolvency of the debtor given in the first instance with a view to its resolution essentially. A civil case is a part of civic process, which is directly aimed at protecting the rights of a particular material. In this case, the right to petition the court to declare the debtor bankrupt has different features, like a number of people and other criterias. In this regard, the problems connected with the excitation of bankruptcy by courts are considered.