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Separate proceedings for debtors who have no redemption capacity and those with accommodation debts. Cross-border recognition is important. 2. Discharge of indebtedness, rehabilitation or a “fresh start”. Debtor should have an opportunity to have a discharge from pre-existing liabilities and make a “fresh start” free from past financial obligations. Ideally there should be no link to future income after termination of proceedings. Discharge should cover as many debts as possible.
Separate proceedings for debtors who have no redemption capacity and those with accommodation debts. Cross-border recognition is important. 2. Discharge of indebtedness, rehabilitation or a “fresh start”. Debtor should have an opportunity to have a discharge from pre-existing liabilities and make a “fresh start” free from past financial obligations. Ideally there should be no link to future income after termination of proceedings. Discharge should cover as many debts as possible.
Page 1 and 2: MENA Judicial &Financial Colloquium
Page 3 and 4: Consumer debtor A debtor whose liab
Page 5: 1. Fair and equitable allocation of
Page 9 and 10: 4. Prevention Information and educa

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