Foreclosure on the sole residential premises of an insolvent debtor: problems and prospects

 
PIIS102694520027261-8-1
DOI10.31857/S102694520027261-8
Publication type Article
Status Published
Authors
Occupation: First Vice-Rector, Head of the Department of the Entrepreneurial and Corporate Law, Kutafin Moscow State Law University (MSAL)
Affiliation: Kutafin Moscow State Law University (MSAL)
Address: Russian Federation, Moscow
Occupation: Associate Professor of the Department of Business and Corporate Law of the O.E. Kutafin Moscow State Law University (MSAL)
Affiliation: Kutafin Moscow State Law University (MSAL)
Address: Russian Federation, Moscow
Occupation: Deputy Head of the Department of the Entrepreneurial and Corporate Law, Kutafin Moscow State Law University (MSAL)
Affiliation: Kutafin Moscow State Law University (MSAL)
Address: Russian Federation
Journal nameGosudarstvo i pravo
EditionIssue 8
Pages35-44
Abstract

The article analyzes the grounds and procedure for foreclosing on the sole residential premises of an insolvent debtor when refusing executive immunity in the procedure for the sale of a citizen’s property. The conclusion about chicane as the basis for foreclosure is formulated. The procedure for the sale of a single home is investigated. The criteria for choosing replacement housing are indicated. Based on sociological research, an overview of current options for overcoming regulatory gaps on the issue under consideration is given.

Keywordsinsolvent debtor, executive immunity, foreclosure, single dwelling, substitute housing, chicane, housing regulations, invalidity of transactions, bidding
Received19.12.2022
Publication date11.09.2023
Number of characters35943
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