Article 215. Introducing Amendments To Debt Restructuring Plan of Natural Person At Initiative of Meeting of Creditors
On insolvency (LRU-763-son) · Date: 12.04.2022 · In force
The meeting of creditors shall have the right to apply to the court with a request to amend the plan for restructuring the debt of a natural person in the event of an improvement in the property situation of a natural person.
The application for amendments to the debt restructuring plan of a natural person shall indicate:
possibility of satisfying the claims of creditors included in the plan for restructuring the debt of a natural person, in a shorter (or) longer period than planned in comparison with this plan;
establishing evidence of an improvement in the property status of a natural person in comparison with their property status as of the date of approval of the plan for restructuring the debt of a natural person;
proposals for amendments to the plan for restructuring the debt of a natural person.
The decision of the meeting of creditors to apply to the court for amendments to the plan for restructuring the debt of a natural person shall be adopted by a majority vote of the creditors having the right to vote.
The court shall notify the persons participating in the insolvency case of a natural person of the date of consideration of the petition of the meeting of creditors to amend the debt restructuring plan of the natural person. The failure of the notified persons to appear shall not be an obstacle to the consideration of the application.
Based on the results of consideration of the petition of the meeting of creditors to amend the plan for restructuring the debt of a natural person, the court shall issue one of the following rulings:
on approval of changes made to the debt restructuring plan of a natural person;
on refusal to approve changes made to the debt restructuring plan of a natural person.
The rulings of the court, provided for in the fifth part of this article, may be appealed (protested).
