Hundreds of thousands of Russians will go bankrupt in the near future

To do this, will hire 555 more judges and buy furniture. Ministry of Economic Development expects that the first year of law allowing citizens to recognize themselves bankrupt, those could potentially be more than 200 thousand Russians. About as much as of April 1, 2010, in arrears on its obligations. Courts can not cope with the influx of people rushing to recognize itself insolvent. Therefore, the Ministry of Economic Development has offered to hire an additional 555 judges for the annual activities of which will have to pay more than a billion rubles. Also, 740 million to spend on maintenance of office space, purchase of vehicles and furniture. It is estimated that about half the cost back to the budget for payment of state duties. Under the bill, any citizen can declare himself bankrupt if the debt 50 thousand rubles. He will be exempt from payment of debts, if it becomes clear to restructure his loan within five years, or repay it with the bankruptcy proceedings.