Bridging Foes, Blessing Ties: Riyadh’s role in Indo-Pak peace

Who would have thought when Pakistan first announced its nuclear success that this...

Zelenskyy warns the UN that the AI arms race is already here

UNITED NATIONS: Volodymyr Zelenskyy arrived at the green marble rostrum with the cadence...

Trump’s Tylenol scare in pregnancy falls apart under scrutiny

Global health agencies moved to calm a storm of anxiety among pregnant women...

Google and Qualcomm put Windows on notice with an Android PC plan

MAUI, Hawaii — On a warm evening above the Pacific, Google and Qualcomm...

“RG”: pensioners will be allowed to cancel their debts in a simplified way

-Advertisement-

Russian pensioners were informed about the possibility of writing off monetary debts in a simplified way.

A similar initiative, expanding the possibilities for citizens to declare bankruptcy, was supported by the government. A simplified form without a trial is possible if the amount does not exceed one million rubles. In addition, retirees will be able to take advantage of the opportunity, reports <a target=”_blank” href=”https://rg.ru/2023/04/17/izbaviat-ot-kreditov.html?utm_source=yxnews&utm_medium=desktop” rel=”nofollow noopener”>Russian newspaper.

“First of all, socially unprotected categories of citizens will have the opportunity to get rid of their debts in a simplified way,” explained lawyer Vladimir Gruzdev, about the bill.

This means that if a Russian receives only one pension, he can file for bankruptcy without a trial. The corresponding request can be submitted to the MFC.

“At the same time, it is proposed to reduce the minimum amount of debt, according to which a citizen will have the right to initiate out-of-court bankruptcy proceedings, to 25,000 rubles,” the expert noted.

Today, the threshold amount, if it is impossible to pay, which a Russian can file for bankruptcy, is up to half a million rubles.

Read the Russia Ukraine News on The Eastern Herald.

More

Show your support if you like our work.

Author

News Room
News Room
The Eastern Herald’s Editorial Board validates, writes, and publishes the stories under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.

Comments

-Advertisement-

Editor's Picks

Trending Stories

Bridging Foes, Blessing Ties: Riyadh’s role in Indo-Pak peace

Who would have thought when Pakistan first announced its...

Finland says the UN VETO shields impunity and dares the P5 to give it up

New York — Finland has thrown its diplomatic weight...

NYT Spelling Bee answers today, September 24, 2025

NYT Spelling Bee answers for today — Wednesday, September...

NYT Spelling Bee answers Today: All words, pangrams, points (Sep 13, 2025)

Updated: September 14, 2025, 04:30 IST • Today’s live...

At the UN, Lavrov says NATO and EU declared a ‘real war’ on Russia

United Nations — Russia’s foreign minister chose the most...

Discover more from The Eastern Herald

Subscribe now to keep reading and get access to the full archive.

Continue reading