Acta Oeconomica Pragensia 2017, 2017(2):34-44 | DOI: 10.18267/j.aop.573

Debt Relief in the Czech Republic - Analysis of Income, Overall Debt and Creditor Structure of the Debtors

Jan Hospodka, Ondřej Buben, Jiří Šimůnek, Monika Randáková
Vysoká škola ekonomická v Praze, Fakulta financí a účetnictví (xhosj00@vse.cz; xbubo00@vse.cz; xsimj76@vse.cz; monika.randakova@vse.cz).

This paper analyses debtors who proposed for a debt relief in a period between 1. 1. 2012 and 31. 12. 2013. Topic of debt relief has been already researched in Moravian and Silesian regions, therefore this paper concentrates mainly on Bohemian regions. The possibility of debt relief (personal bankruptcy in other words) for debtors has been in Czech legislation since year 2008 and number of personal bankruptcies has been considerably rising ever since. This paper presents only a part of ongoing research and therefore comprise only certain characteristics, such as the level and structure of debtor's income, the amount of their debt and also structure of their creditors. The data and the results of the research are analysed and compared among regions.

Keywords: bankruptcy, debtors, Czech Republic
JEL classification: G33, K35, M41

Published: April 4, 2017  Show citation

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Hospodka, J., Buben, O., Šimůnek, J., & Randáková, M. (2017). Debt Relief in the Czech Republic - Analysis of Income, Overall Debt and Creditor Structure of the Debtors. Acta Oeconomica Pragensia25(2), 34-44. doi: 10.18267/j.aop.573
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