|
|
Home
| Databases
| WorldLII
| Search
| Feedback
Edited Legal Collections Data |
Book Title: A Guide to Consumer Insolvency Proceedings in Europe
Editor(s): Kadner Graziano, Thomas; Bojārs, Juris; Sajadova, Veronika
Publisher: Edward Elgar Publishing
Section: Chapter 31
Section Title: SWEDEN
Author(s): Hellström, Erik
Number of pages: 54
Abstract/Description:
The term ‘bankruptcy’ has existed in Swedish legal language for over 200 years, being historically influenced by criminal and public law. However, following the Bankruptcy Act of 1862, which implemented the so-called ‘residual debt principle’, which meant that debts would not be written off through the termination of bankruptcy proceedings, it then took about 125 years before debt clearance for natural persons was again on the agenda in Sweden, being included in the set of rules on insolvency law matters for natural persons in the Debt Clearance Act of 1994. There is now one debt clearance act for private persons and another for private persons who are entrepreneurs.
AustLII:
Copyright Policy
|
Disclaimers
|
Privacy Policy
|
Feedback
URL: http://www.austlii.edu.au/au/journals/ELECD/2019/1222.html