Article 230. Property of Debtor, who is Individual Entrepreneur, which is Not to be Included in Liquidation Estate
On insolvency (LRU-763-son) · Date: 12.04.2022 · In force
The liquidation estate shall not include the property of the debtor, who is an individual entrepreneur, on which execution cannot be levied.
The court shall have the right, upon a reasoned petition of the debtor, who is an individual entrepreneur, and other persons participating in the insolvency case, to exclude from the liquidation estate the property of the debtor, who is an individual entrepreneur, which cannot be levied foreclosure, which is illiquid, or the income received from the sale of which will not affect substantially satisfaction of the claims.
The total value of the property of the debtor, who is an individual entrepreneur, excluded from the liquidation estate in accordance with the provisions of part two of this article, must not exceed fifty times the size of the base calculation value. The list of such property shall be approved by the court, a ruling shall be issued on it, the ruling can be appealed (protested against).
