Home Economics 238562 individuals are registered in the list of insolvent persons

238562 individuals are registered in the list of insolvent persons

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238562 individuals are registered in the list of insolvent persons

238 572  Georgian citizens are in the list of debtors published in the official website of the Public Registry of Georgia.

An individual may be enlisted as debtor in case of non-performance of financial obligations. Such individuals re regarded as insolvents (insolvency means incapability of a  debtor to satisfy a creditor’s demand in time)  while the accounts and property registered on their names are subject to arrest.

With indicating  a citizen’s name, surname, or personal ID number, or  a company’s ID code, you may find whether he/she/it is in the list of insolvents. These data are freely accessible  to any individual and legal entity.

Once register as a debtor, a person is limited in disposing of the movable/immovable property being  under his/her ownership.

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