Article 237. Release of Debtor Who is Individual Entrepreneur from Obligations

Upon completion of the liquidation procedure of the debtor, who is an individual entrepreneur, the debtor shall be released from further execution of creditors' claims in the course of the insolvency proceedings, except for:

claims of creditors for compensation for harm caused to life or health;

claims for the recovery of alimony, as well as other claims of a personal nature;

claims that have not been repaid in accordance with the procedure for executing a court decision on declaring a debtor, who is an individual entrepreneur, bankrupt or partially repaid;

claims not declared during the procedure for declaring a debtor, who is an individual entrepreneur, bankrupt;

other claims not filed in the course of proceedings on the insolvency case of the debtor who is an individual entrepreneur.

Claims not exempted from execution remain valid and can be presented after the completion of the insolvency procedure of the debtor, who is an individual entrepreneur, respectively, in full or in their outstanding part.