What are the characteristics of bankruptcy of natural persons?

In moments of despair, perhaps, each borrower goes through the mind of the country, where there is no issue of "debt fugitives." Our officials want to end the sufferings of bad debtors, introducing a mechanism of private bankruptcy. Russia, unlike in many Western countries, yet can not brag institution of bankruptcy. But attempts are being made. Officials believe that the emergence of this mechanism will solve the problems of an entire category of debtors. The essence of the proposals of all proposed legislation is about the same. A citizen who owes the bank more than 50 thousand rubles. and not returned within 6 months, may apply to the court to recognize him bankrupt. The court shall grant the debtor installments over 5 years. Interest on the debt at the same time will be miniscule - about half the rate of CB. If after 5 years of credit the debtor is not to reason, then all his property goes under the hammer. Bankruptcy will leave a unique housing and the necessary funds for the first time. The debtor's credit history will be permanently damaged. Fraudulently Experts fear that Russia will use the bankruptcy mechanism of dishonest people. First, gain the credits, and then overwrite all the property to relatives, and in the finale of this "operation" declare themselves bankrupt. Since the take with them will be nothing, just write off the debt. How to deal with such a sham bankruptcy, has not yet been invented