To be continued // In a dispute between a pensioner and a creditor, the Supreme Court took a social position

To be continued // In a dispute between a pensioner and a creditor, the Supreme Court took a social position

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The Supreme Court of the Russian Federation (SC) continues to take a socially oriented position in cases of bankruptcy of individuals. So, the court allowed the debts of a bankrupt pensioner to be written off, despite a number of violations on his part. According to the Supreme Court, the unreasonable behavior of a citizen-debtor and even his ignorance of the law does not prevent release from obligations, and professional market participants should bear the risks. Moreover, creditors who have inexpensively bought rights of claim against the debtor may be limited in their ability to collect the entire amount of the debt. In general, lawyers support the “Dolovnikovsky” approach of the Supreme Court, but warn of the risk of infringing the rights of buyers of receivables.

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