CHALLENGING THE AUCTION FOR THE SALE OF PROPERTY OF AN INSOLVENT DEBTOR-CITIZEN

Abstract

Within the framework of this article, the authors comprehensively reviewed the institution of consumer bankruptcy, as well as the procedures applied in cases of insolvency (bankruptcy) of citizens. The authors consider the administrative and judicial procedure for the protection of rights violated during the auction, as well as existing problems of law enforcement. Based on the analysis of judicial practice, a number of reasons are given, on which the auctions may be declared invalid.