Bankruptcy declaration

Main information

No special conditions need to be met for a bankruptcy declaration as this is a general way of addressing the debtor’s situation that is permissible in all cases.

In cases of bankruptcy, an insolvency court decides on a bankruptcy declaration as a separate ruling. In exceptional cases, this ruling may be combined with an insolvency decision (if the debtor is unable to draw on reorganisation or debt relief). A bankruptcy declaration takes effect when the decision to declare a debtor bankrupt is published in the insolvency register. No special conditions need to be met for a bankruptcy declaration as this is a general way of addressing the debtor’s situation that is permissible in all cases.

Additional information

Reference to legal acts

Section 244 et seq. of Act No 182/2006 on bankruptcy and the management thereof (the Insolvency Act), as amended

Responsible Public Authority

Ministry of Justice of the Czech Republic
https://linked.cuzk.cz/resource/ruian/adresni-misto/41204727

Data mailbox: kq4aawz
E-mail: posta@msp.justice.cz
Web: www.justice.cz

Compliance date

26.11.2020