Financial Restructuring and Bankruptcy Law

Article 124 — Article (124) Voluntary Preparation of Debt List

Part Three: Declaration of Bankruptcy · Chapter One: General Provisions

The Trustee is not obligated to conduct or complete a debt audit or prepare a list thereof if it becomes clear to him that all proceeds from the sale of the debtor's assets are incurred to pay the fees, charges and costs of initiating the proceedings.

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