FEATURES OF INFLUENCE OF THE INSTITUTION OF BANKRUPTCY ON THE ECONOMIC ENTITIES IN THE CURRENT RUSSIAN ECONOMICS

The article examines the various aspects of impact of the bankruptcy system on the various economic entities. Description both positive and negative effects of bankruptcy procedures on the country economics is given at the macro level. At the micro level the impact on various economic entities, such as the debtor and the creditor and their relationships during bankruptcy procedures, is described. The level of development and impact of modern legislation in the area of insolvency proceeding, its impact on economic entities and the possible consequences of initiating bankruptcy procedures were analyzed. Additionally, the article studied the debtors and creditors ability to influence on the various stages of the bankruptcy procedure.

bankruptcy, institution of bankruptcy, insolvency, insolvency institution, bankrupt, debtor, creditor, arbitration court, solvency, debt, economic crisis.

Dubovaya O. Yu., Troyanova E. N. Features of influence of the institution of bankruptcy on the economic intities in the current russian economics // Business. Education. Law. 2018. No. 1 (42). P. 73–76.