Forms and methods of public administration in the field of insolvency (bankruptcy) and their legal sources

Bankruptcy as a phenomenon characterized by an extreme degree of financial crisis of the debtor, objectively needs a controlling influence both from the state and from creditors and other participants in bankruptcy, the state is interested in building an effective system of public administration that protects public and private interests in the field of insolvency (bankruptcy). This article discusses the forms and methods of public administration in the field of insolvency (bankruptcy), in particular the legal manifestation of these forms. The forms of public administration and the bodies implementing the relevant forms of regulation, their legal sources are listed. A body with a special status relative to other bodies exercising direct control is indicated. At the end of the work, it was concluded that the state carries out management in three main forms, which include: regulatory form, control and supervision, ensuring the property interests of the state as a creditor in a bankruptcy case.