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Personal Bankruptcy Law?

Posted by: Bill I Up. - [user profile]
Date posted: Thu 22nd Dec, 2005
Category: Business
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Is there a Czech Personal Bankruptcy Law?
Is there such a thing as a debtor's prison in the Czech Republic?

It seems there is a law pending. But what if someone, say, tomorrow, said, "I can't pay my debts. Sorry." What would happen to that person?
Case examples?

COMMENTS:
Reggie - [profile] Fri Dec 23rd 09:21 2005 / #1
If it's true you can get away with "I'm sorry" i'll be taking out some loans tomorrow .. :)
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