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Legitimation der Restschuldbefreiung

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»The Legitimation of Residual Debt Discharge. The System of Legal Conditions of Debt Relief in Light of the Reforms« Under German insolvency law, which debtor »deserves« a residual debt discharge is determined in accordance with §§ 286 ff. InsO. Since the introduction of the InsO, the legislator has made fundamental modifications to the conditions of debt relief. The upcoming implementation of the EU Restructuring Directive indicates that the system will continue to change and move away from its original ideas in the near future. This gives rise to a critical examination of past and likely future developments.
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