Is It Necessary to Go to Court for Bankruptcy?

In Kazakhstan, personal bankruptcy is not always filed through court. It depends on the chosen procedure and the debtor’s situation.

What procedures are available?

For individuals, the following procedures exist:

• out-of-court bankruptcy;
• court bankruptcy;
• restoration of solvency.

When is court not required?

If a citizen qualifies for out-of-court bankruptcy, the application can be submitted without going to court through eGov.kz, eGov Mobile, e-Salyq Azamat, or a Public Service Center.

When is court required?

Court may be required if:

• the out-of-court procedure does not apply;
• the debt amount is large;
• the debtor has property;
• there are several creditors;
• enforcement proceedings exist;
• restoration of solvency is needed.

What is submitted to court?

Usually, an application is submitted with documents on debts, income, property, creditors, bank accounts, and enforcement proceedings.

Conclusion

Going to court for bankruptcy is not always necessary. If the out-of-court procedure applies, the application can be submitted online. If the situation is more complex, court bankruptcy or restoration of solvency may be used.

FAQ

Is bankruptcy always handled through court?

No, there is an out-of-court procedure.

Where can I apply without court?

Through eGov.kz, eGov Mobile, e-Salyq Azamat, or a Public Service Center.

When is court needed?

When out-of-court bankruptcy does not apply or restoration of solvency is required.