Bankruptcy in Slavtria

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Bankruptcy in Slavtria is broken down into 4 types, defined by Parliamentary Bill 22-H1-2, which are types 1A, 1B, 2, and 3.

Type 1

Type 1A

Type 1A is defined as "bankruptcy due to debt on an individual level." No individual has filed for bankruptcy yet.

Type 1B

Type 1B is defined as "bankruptcy due to debt on a company level." The only company that has filed bankruptcy is MediaSlav, which was bought by SNTV after it filed for bankruptcy.

Type 2

Type 2 is defined as "bankruptcy ending with company reorganization or liquidation." No company has reorganized yet.

Type 3

Type 3 is defined as "bankruptcy for farmers." No farmer has filed for bankruptcy yet.