Bankruptcy of an individual — how to write off debts legally
The bankruptcy procedure for individuals is an official legal option for writing off debt, which has been in effect in Ukraine since 2019. Thanks to this procedure, you can be released from your obligations to banks, MFOs, tax authorities, and other creditors. To implement it, you need the help of a lawyer — an arbitration manager — and a court application.

Debt write-off through bankruptcy is a real opportunity to get rid of financial pressure and start with a clean slate.

The Consultant legal marketplace provides full client support — from initial consultation to debt write-off and case closure.
Legal assistance in debt write-off for individuals
Our experts provide turnkey legal support in the form of legal assistance in debt write-off for individuals:
- Consultation — we assess the possibility of debt write-off and choose the best way forward.
- Document preparation — collection and execution: bankruptcy petition, financial statements, other supporting documentation.
- Representation in court and before creditors — we handle the case, respond to inquiries, and accompany the court proceedings.
- Enforcement of court decisions — removal of seizures, write-off of all debts, including enforcement proceedings.
Advantages of bankruptcy proceedings and debt write-off procedure
- Write-off of all existing liabilities — including banks, MFIs, taxes, enforcement orders, penalties and fines.
- Protection of property and finances — seizure of accounts, prohibitions on alienation and termination of court enforcement proceedings are lifted.
- Transparent and legal procedure — in accordance with the law, accompanied by lawyers and arbitration managers.
- Possibility of restructuring — for those who want to repay the debt in part and obtain discounts or an agreement with the creditor.
Why choose Consultant
- Personalised approach — each case is assessed individually, and we offer the most advantageous strategy.
- Compliance with legislation — we use modern legislative mechanisms guaranteed by the state.
- Fast support — we advise at all stages, accompany the court process and after the decision.
- Comfort and security — we work online, sign the contract through DIA, confidentiality at all stages.
ConclusionIf you find yourself in a difficult financial situation, personal bankruptcy is your chance to get rid of your debts legally and permanently. The Consultant legal marketplace team will help you navigate this process with confidence, without stress and with maximum benefit.