The President signed a law that increases the maximum amount of compensation on bank deposits twice – first channel

Vladimir Putin signed a law on personal bankruptcy. People who were not able to return the loans will be protected. In particular, the award may be given the opportunity installments. The new rules will apply from July 2015.

Vladimir Putin signed a law on personal bankruptcy. People who were not able to return the loans will be protected. In particular, the award may be given the opportunity installments. The new rules will apply from July 2015.

The citizen will have the right to declare their insolvency. The lawsuit also be able to submit the creditors. The court will hear the case if the amount of the debt is not less than 500 thousand rubles, and the debtor, as a minimum, three months does not pay the bills. After the recognition of an individual bankrupt can be made a new payment schedule for the next three years. If the financial plan will not be executed, the debtor’s property auctioned.

Another law, signed by Vladimir Putin regards the two-year tax holiday, which regions will be set for individual entrepreneurs to start businesses in the industrial, social and scientific spheres.

In addition, Vladimir Putin signed into law a two-fold increase in the limit of insurance payments on deposits of funds from the Deposit Insurance Agency. The final document adopted the State Duma and the Federation Council approved. Now, the state guarantees the refund of 700 thousand and one million 400 thousand rubles. Insurance protection to be deposits of individuals and individual entrepreneurs.

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