On the question of the implementation of the constitutional and legal foundations within the framework of the institute of insolvency (bankruptcy) in the Russian Federation

Within the framework of these research studies, the essence of the institute of insolvency (bankruptcy) was considered in the context of compliance with the constitutional foundations in the Russian Federation, enshrined in the Constitution of the Russian Federation. The relevance of the research topic is determined by the need to optimize the institution of insolvency (bankruptcy) a posteriori, as well as the provision that judicial procedures for bankruptcy of citizens are carried out taking into account the provisions of the constitutional and legal framework. Proper regulation of financial legal relations, including certain aspects of the regulation of the insolvency (bankruptcy) procedure, is a key area of the state’s activity to ensure constitutional provisions. Within the framework of this scientific article, the authors analyze some aspects of the legal regulation of the essence of the institution of insolvency (bankruptcy), determine the compliance of the bankruptcy procedure with the current constitutional and legal foundations in the Russian Federation, make a comparison between the theoretical and practical sides of this issue.