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The Claim for Personal Insolvency Increases From 1 July, with the Increase of the Minimum Wage. What Changes for Romanians with Debts
Summary by Digi 24
1 Articles
1 Articles
Romanians who are no longer able to pay their debts will need greater rests in order to be able to request the opening of the personal insolvency proceedings, together with the increase in the gross minimum wage from 1 July 2026. The legal threshold increases both for the repayment-based procedure and for insolvency through liquidation of assets or the simplified procedure.
·Romania
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