Some issues of bankruptcy in business

To date, economic conditions allow us to conclude that there is a complex of problems associated with the implementation of entrepreneurial activity, and special attention is paid to solving issues related to the interpretation of legislation regulating the bankruptcy industry in the field of individual entrepreneurs. The institute of individual entrepreneurship is under pressure from external unfavorable circumstances, which as a result leads to problems in conducting private business. Russian legislation provides for a bankruptcy procedure that facilitates the release of a legal entity from existing debts and obligations. But this procedure, due to its research, is not effective enough. This article discusses the features of bankruptcy of individual entrepreneurship. The consequences of declaring an entrepreneur bankrupt are analyzed, as well as gaps in legislative regulation in this process. The author of the article analyzes the data about.