Actual problems of legal regulation of interaction between the Federal Bailiff Service, credit institutions and arbitration courts in cases of insolvency (bankruptcy) of individuals

This scientific article analyzes the current legal regulation of the interaction between the Federal Bailiff Service, credit institutions, and arbitration courts in insolvency (bankruptcy) cases involving individuals. The focus is on highlighting contradictions and ambiguities in the current legislation, which hinder efficient cooperation between these entities and lead to delays in the bankruptcy process. The analysis reveals that the current legal framework lacks clear mechanisms for communication and information sharing between the judiciary, bailiffs, and creditors. Specifically, the scientific article highlights the lack of a formalized process for informing bailiffs about the initiation of bankruptcy procedures. As a result, bailiffs may continue enforcing debt collection even after a bankruptcy procedure has begun, leading to conflicts and further complicating the situation. The scientific article concludes with recommendations for improvement, suggesting the need for amendments to relevant laws to introduce clear guidelines for interaction between these parties. Such improvements are crucial to ensure timely and efficient bankruptcy proceedings, protect debtors' rights, and streamline the process of debt recovery for creditors.