A million Russians have gone through bankruptcy proceedings since 2015

Every year the number of Russian citizens declared bankrupt continues to increase, although at a slower pace than before. According to Fedresurs, for the period from January to September 2023, the number of Russians declared bankrupt amounted to 249.9 thousand, which means an increase of 28.8% compared to the same period last year. Since the introduction of the consumer bankruptcy procedure in October 2015 until September 2023, more than a million people have already become bankrupt.

In most cases, citizens themselves initiate bankruptcy proceedings, which is 96.6% of cases, creditors file claims against them only in 3.1% of cases, and the Federal Tax Service initiates the process in 0.4% of cases.

Among the Russian regions with the largest number of bankruptcies, the leaders are the Moscow region (12,626 bankruptcies, +34.2%), Moscow (12,160, +30.8%), Krasnodar region (11,843, +24.6%), Sverdlovsk region ( 9497, +20.1%), and the Republic of Bashkortostan (8630, +11.9%).

Out-of-court bankruptcy procedures for citizens remain popular, and in January-September 2023, multifunctional centers reported the start of 7,964 procedures, which is 69.5% more than in the nine months of 2022. The share of returns due to application errors decreased from 41% in 2022 to 28% in 2023.

Earlier it became known that the Russian authorities want to increase the standards for mandatory fuel sales. More about this read the material Public News Service.

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