Croatia: Consumer Bankruptcy Act Introduces Consumer Bankruptcy into the Legal System

The Croatian Consumer Bankruptcy Act (Zakon o stečaju potrošača; "ZSP")[1], which entered into force on 1 January 2016, for the first time introduces the legal concept of consumer bankruptcy into the legal system.

Filed under:
Croatia, Insolvency & Restructuring, Schoenherr, Consumer protection
Authors:
Ozren Ivkovic , Marko Kruc
Location:
Croatia
Firm:
Schoenherr