THE DECISIONS OF THE PROBLEMS RELATING TO THE IMPLEMENTATION OF THE LAW ABOUT BANKRUPTCY OF INDIVIDUALS IN RUSSIA (FEDERAL LAW №127 OF 26 OCTOBER 2002
In October 2015 in Russia there were changes in the law "On Insolvency (Bankruptcy)" in relation to the bankruptcy of citizens who are not entrepreneurs. In a short time the law has become very popular among individuals. At the moment, the law is not fully developed, so it can become a mechanism for economic crimes. The article suggests two solu-tions to improve the existing law, if it is realize, the procedure of bankruptcy will be сconvenient tool for both individuals and creditors.