Open AccessBankruptcy as a Way of Self-Defense of the Risk Subject
Author(s) -
Elena V. Budko
Publication year - 2020
Publication title -
sibirskij filosofskij žurnal
Language(s) - English
Resource type - Journals
ISSN - 2541-7517
DOI - 10.25205/2541-7517-2020-18-1-87-98
Subject(s) - bankruptcy , insolvency , debtor , subject (documents) , creditor , debt , constitution , business , restructuring , law and economics , law , economics , political science , finance , library science , computer science
The phenomenon of insolvency (bankruptcy) is considered as a mode of existence of the subject of risk in the projection of his socio-economic behavior (fear, anxiety, loneliness) and features of personal constitution (evasion of responsibility, restriction of freedom, being in debt, deception). The article substantiates the fact that the institution of insolvency (bankruptcy) of citizens appears as a means of resolving the conflict of interests between the debtor and its creditors, as a mechanism for protecting the socio-economic rights of an insolvent risk subject and as a way to “exit” from an unstable financial crisis situation.