Problems of recovery of debt crisis

The article analyzes the anti-crisis measures taken by the Government of the Russian Federation, as expressed in the formulation and adoption of amendments to legislation to simplify collection of debt and improvement of the order of foreclosure on mortgaged property to protect the interests of mortgage lenders in financial crisis. According to the authors, after the adoption of the Federal Law of January 11, 2009 № 306 «On amendments to some legislative acts of the Russian Federation in connection with the improvement of the order of foreclosure on the mortgaged property» regulation of mortgage relations in bankruptcy have changed significantly, but these changes are not made clear in the final position of a secured creditor in bankruptcy cases and often not in the interests of the mortgagee.