CHAPTER 43.7
March 2011
DEALING WITH A BANKRUPT’S AFFAIRS IN BULGARIA
This chapter provides information and advice on issues of a practical nature when dealing with the bankrupt’s affairs (particularly, assets) in Bulgaria.
Currently the chapter contains only information to assist in dealing with a bankrupt’s property in Bulgaria. The intention is that the chapter will be further developed to deal with other issues relating to that country as the need arises.
Chapter 43.0 covers those areas common to all “international” bankruptcies (such as gaining recognition of the insolvency order in another country and the legal basis on which the official receiver, as trustee, is able to deal with assets in overseas).
The chapter is divided into the following parts:
Part 1 – Dealing with properties in Bulgaria (paragraphs 43.7.2 to 43.7.7)
The following abbreviation is used in this chapter:
EU – European Union