Law On The Organization Of The Debts

Original Language Title: Laki yksityishenkilön velkajärjestelystä

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Read the untranslated law here: http://www.finlex.fi/fi/laki/ajantasa/1993/19930057

In accordance with the decision of Parliament: Chapter 1 General provisions article 1 the purpose of the law, and the relationship with other legislation of the insolvent person (the debtor) in order to remedy the economic situation to the Court to order his debts (debt restructuring) and to strengthen its capacity of payment of the corresponding fee for him in his program as required by law.
Guarantee and security responsibility for the arrangement provided for in Chapter 10 of the organisation without debt.
The provisions of this Act shall be applied without prejudice to the right of the creditor, what the rest of the Act provides for the payment, debt collection or action in order to secure the payment of the debt.

the scope of application of article 2 of the debt settlement as well as the guarantee and security responsibility for the arrangement may be granted to a person who is domiciled in Finland.
The application of this law, the debtor, which is engaged in professional activities, provided for in Chapter 7.

the definitions in article 3 of this law the following definitions shall apply: 1) arrangement taking place at the time of the date on which the Court has taken a decision on the opening of the debt;
2) insolvency of the debtor, other than temporarily, that it is unable to pay its debts when they fall due;
3) proceeding by the debtor of the debt and all of the liabilities that are incurred prior to the start of the arrangement, including the security liabilities and liabilities whose amount is contingent or any dispute or for any other reason, or ambiguous, as well as for the liabilities referred to in the above arrangement during the period between the adoption of the programme and the commencement of the payment and the interest rate payable by the debtor, debt recovery and enforcement set out in such costs;
4 the right of ownership of the arrests and REM) change in the ownership of the security, the lien based on the movable or immovable property, as well as the right of call-back, and their destination priority productive right of retention;
5) guarantee liability a debt restructuring under a debt of the creditor's security right effective against third parties object to the property of the debtor, or the debtor, to the extent that the value of the collateral at the start it would have been enough to cover the debt arrangement, the creditor's claim in the amount of rahaksimuuttokustannusten and with better claims to be carried out, after deduction of the privilege should last;
6) vakuusvelkojalla guarantee debt creditor;
7) with a standard debt other than a debt security;
rooms count as debtor of the debtor's property, or 8) his family as permanent residence are eligible for the amount of apartments, the management of shares or, in the event of the debtor owns, alone or together with another person, or by the management based on the right of residence of the debtor, or the contract alone or together with another person-owned properties, or the building in which the rental in the land of the debtor or his family permanently resides;
9 out of the debtor's child maintenance debt) in a privileged location in the last year before the start of the maintenance owed due to the debt, with the exception of the child based on the date of the recovery of the aid paid to the maintenance of debt, as well as a short period due to the debt, which the debtor is obliged to carry out a child damages Act (412/74) on the basis of article 4 of Chapter 5.
If the borrower's ownership of the apartment is at the beginning of the amounts secured by way of the debt of a third party debt, the consequent liability for the security of the debtor of the debt shall apply correspondingly.
The implementation of the law on the fine and the rest of the fine (672/2002), the monetary penalties as referred to in article 1 are subject to compulsory settlement, if one is provided, where the person is guilty before the start of the debt. Common fine penalty is proceeding, if someone acts before the arrangement begins. (8 December 2006/1088), Chapter 2, section 4 of the General provisions of the debt concerning the Organization of the evaluation of the debtor's ability to pay the assessment of the ability to pay must be taken into account: 1) the realisation of the debtor's assets resources;
2 the earning potential of a debtor's income, as well as his), having regard to his age, ability and other conditions;
3 the necessary cost of living) of the debtor;
4. maintenance obligations) of the debtor; the financial position of the debtor, as well as 5) other factors.
The Ministry of Justice, the regulation provides for the assessment of a debtor's ability to pay to be taken into account in more detail. The amounts the debtor's necessary living expenses of the regulation shall be reviewed by the national pension index Act (459/2001). Revised amounts shall be rounded up to the nearest euro and shall be published each year in November, the Ministry of Justice, the Statute by regulation. (8 December 2006/1088) the use of section 5 of the Income and assets of the debtor shall be used in lieu of debts owed his creditors in lieu of all the income to which he is not required to provide the necessary food and maintenance expenditure (payment).
The assets of the debtor's basic audio can be converted to cash, just 15, 29 and 33, in the cases referred to in article. Basic forming part of the assets of the debtor's property is read from the apartment, he and his family just a reasonable need for housing in accordance with the furniture and personal effects, as well as tools and other objects, to which the debtor needs for their livelihood. If the debtor has other assets, it must always be used in lieu of the debt.
The debtor must give up other than the perusturvaansa of the assets that will be transferred to his control of the hire-purchase or rental under the credit agreement.

section 6 of the debtor's obligations to disclose information, the debtor is required to provide to the Court and creditors, as well as the liquidator, if one is specified, all the necessary information on the arrangement of relevant facts.

section 7 of the debtor's myötävaikutusvelvollisuus the strengthening of a vacant post at the organisation before the payment of the debt program debtor may use the funds only for essential living expenses and the expenses that he is entitled to under article 12. The debtor may not make new debt, unless it is necessary in order to safeguard his livelihood or 25 of the fault of the other. Before the start of the debt the debtor notwithstanding the provisions of this article may use its assets to the expenditure, of which he is required to carry out.
The debtor is obliged to contribute to the fact that the debt settlement can be properly implemented and that the administrator be able to properly carry out their duties. A vacant post at the debtor's debts will be to try to maintain the payment ability and the capacity to take such action in order to improve the pay, which he may reasonably be required. (24.1.1997/63)
At the request of the creditor, the debtor has to pay during the period of the programme provide evidence of 35 (a) for the performance of the obligation provided for in article concerning the facts on the basis of. The end of the duration of the programme, the report is to be presented for payment yet, upon request, that was before the end of the duration of the programme is the expiration of a period of three months. The debtor must submit reports without undue delay. (30.12.2002/1273) of section 8, on application by the debtor, the insolvency of the applicant will be initiated.
A husband and wife, as well as joint and several debtor and the guarantor, shall be entitled to apply for a kanssavelalliset debt arrangement together.
Applying for a compulsory settlement provided for in Chapter 8.
Chapter 3 getting started with the section 9 of the Conditions of the debt arrangement, debt settlement may be granted to the debtor, which is insolvent if: 1. the main reason for this is the debtor's insolvency), the ability to pay an essential deterioration of illness, disability, unemployment or any other change in circumstances is therefore mainly without the debtor's fault; or 2) debt restructuring is the criteria, taking into account the debt weigh and related obligations in relation to the debtor, the debtor's ability to pay, and not reasonably be able to improve its capacity in order to be able to handle its debts.

section 9 (a) (19.12.2014/1123), the inhibition of the staging is why if the debtor does not have to be held as a temporary reason the payment book or the debtor is unable to pay varallaan a reason to pay for ordinary debts ahead of the more minor, debts may not be granted. The reason for the payment of the amount of the assessment of the timeliness and resource shall take account in particular of the debtor's earnings. The reason is not to be regarded as a temporary absence or low level of payment, if the resource is caused by unemployment, which is for a continuous period of work with little or not, been going on for more than 18 months.
What are the in subparagraph (1) shall not apply to the private or self-employed professional activities to any debtor. On the business activity of the debtor for the conditions of use are regulated in Chapter 7 debt.

section 10 of the public barriers Unless 10 (a) subject to the articles, the debt shall not be granted where: (30.12.2002/1273) 1) the debtor has been ordered on the basis of the crime committed and the obligation to pay the amount of the grant can be considered to be well founded, the quality of the crime, the role of the injured and other considerations; (24.1.1997/63)

2) the debtor is suspected of a crime or during pre-trial investigations or to prosecute him has been a criminal offence, and may provide the basis of the crime committed, and the obligation to pay the amount of the grant can be considered to be well founded, the quality of the crime, the role of the injured and other considerations; (19.12.2014/1123) 3) as a major trade, ahead of the debt is incurred, which is grossly unfair manner towards the creditors or the insolvency of an essentially non-neglected due to the fault of the legal responsibilities, or who has been essentially speculative nature; (19.12.2014/1123), 4), the debtor is due to the economic difficulties of existing or foreseeable inappropriately adversely affected economic position or favored another creditor or otherwise, to the detriment of the creditors of the restructured economic position or has probable cause to suspect the debtor's having acted in this way; (24.1.1997/63) 5) debtor's ulosottomenettelyssä 've been running from, concealed their income or assets, or provided them with false or misleading information;
6) the debtor to the creditor financial situation is deliberately provided false or misleading information, which are substantially influenced by the granting of credit to the amount of credit to the debtor, and the procedure is, and the other, in the circumstances, be regarded as criticism;
the circumstances of the birth of the debt criterion, and 7), the debtor's way to manage their finances or other matters, it can be concluded that it is probable that the debtor owes the debt with a view to the organisation of the deliberately, or debt that led to the action to be taken as a whole, to keep piittaamattomina and irresponsible, taking into account the borrower's age, status and other conditions, as well as whether lenders acted responsibly; (19.12.2014/1123) 8) the debtor is given for the financial situation of the debt arrangement with false or misleading information, failed to tietojenantovelvollisuutensa provided for in article 6 or 7 of myötävaikutusvelvollisuutensa, breach of article 12 of the payment provided for in-and vakuudenasettamiskiellon conduct or negligence or otherwise seriously affected the debt arrangement; (19.12.2014/1123) 9) there is good reason to believe, that the debtor should not to be bound by the payment program; (19.12.2014/1123) 10) the debtor has in the past laid down payment program; or (19.12.2014/1123) 11) significant damages between private individuals, the purchase price for the debt repayment or other similar organization should be, taken as a whole, unreasonable. (19.12.2014/1123), section 10 (a) (19.12.2014/1123) in spite of the overall debt of an obstacle to debt settlement may be provided for in section 10 of the obstacle, in spite of the grant, if there are serious reasons, taking account in particular of the measures of the debtor to pay off debts, debts of the debtor, the elapsed time and other conditions, as well as the importance of the debtor and the creditor of the debt.

section 11 (19.12.2014/1123) the obligation to determine the possibility of reconciliation, and the application of the debtor, the creditors ' myötävaikutusvelvollisuus before the arrangement has worked out an amicable solution with the potential to reach the creditors ' debts, settling, unless it is manifestly unnecessary to a low ability to pay of the debtor, creditors of a large number of unknown creditors or for any other reason.
The creditor will be good lending and debt collection, in accordance with the method of contributing to reconciliation.

11 (a) in the section (24.1.1997/63), the survey results relating to the debt situation of the debtor's debts to find must be accompanied by a report on the causes of the income and assets of the debt, in which debts were to be paid back, as well as the factors that have caused his payment.

section 11 (b) (19.12.2014/1123) Debt Settlement debt restructuring are retrieved and the debt situation of the debtor, the creditor shall in writing notify the examination for this request: 1) by the due date and amount of the equity, interest rate, and the costs of debt recovery and enforcement, broken down by the debtor's Bluefish date (balance);
2) If a creditor has a number of claims, the evidence;
3 the final expiration date of the debt) and reason for the check;
4 the amount of the debt and guarantees);
In addition to any other debt of the debtor 5) responsible;
6) contact information;
7) telephone number;
8) an e-mail address or other electronic mail address to which the information referred to in this Act and notices are delivered to (an address) or mail address, if the creditor wants to use the e-mail address in the process to address; the information requested by the debtor, and 9), which are necessary for the debt settlement program for the preparation of the proposal contained in the application or payment.
Chapter 4 the legal effects of the commencement of section 12 of the application for and the payment and vakuudenasettamiskielto after the debt, the debtor should not pay the debt covered by the debt arrangement and does not set the security.
Payments as provided for in subparagraph (1) above, the prohibition does not apply to the privileged child support debt. The debtor may also be a ban on the payment of the debt in accordance with the terms of the secured claim, notwithstanding the run, after the start of the ' debt interest and other credit costs. The debtor's assets from the funds may be paid to the rahaksimuutosta rahaksimuuttokustannukset and liabilities, of which the wealth is secured. The Court or the insolvency practitioner may order that the debtor receives payment without prejudice to the prohibition to pay the amount of the debts of a number of small, well below the mark, if it is appropriate for the procedure. (31.1.1995/113)
Contrary to the prohibition provided for in paragraph 1, the amount paid must be returned. The return of the Bill of Exchange and cheque payment, reimbursement, if the creditor has a because of the debt security or if the set returned by the third was against the ban of the pledge and the rest of the guarantee, the security issue and the beginning of the application for the mortgage debt is in effect what the corporate reorganization law (47/93) section 17 (2) and (3).

12 (a) in the section (19.12.2014/1123) derogations from the ban on traders from the Vakuusvelkojalla of the payment is without prejudice to the prohibition laid down in article 12, the right to receive payment in accordance with the terms of the debt, the debt restructuring after the start of the current interest and other credit costs. A creditor cannot enforce a condition for early payment of the cost of credit.
The above notwithstanding the prohibition laid down in article 12 of the debtor's business activities: 1) must be paid on costs incurred for the work of the workers wages and allowances for the start of the edeltäneiltä until the end of the debt;
2 the start of the arrangement before the debt) must be paid accrued vacation wages and workers compensation;
3) of a bank account to market a MasterCard account and the account of the debtor can continue to control such that a series of future payments, as well as to read the account of the Bank for credit to the account of accrued contributions the truncation.

12 (b) of section (19.12.2014/1123), the protection of the debtor, the collateral value of the exercise of an economic activity Vakuusvelkojalla is entitled to compensation for a reduction in the value of the collateral assets to the detriment of the creditor, which is due to the use of the property of the debtor in the course of the recovery of the prohibition referred to in article 13, or the temporary recovery referred to in article 21 during the period of validity of the prohibition. Read the guarantee of the debt the truncation of the sums paid out as compensation.
The debtor must keep the amounts secured by way of the debt covered by the debt, the debtor's property to be used for the recovery in economic activity subject to the prohibition on properly insured against damage.

section 13 (19.12.2014/1123) and precautionary measures after the debt the debtor not be subject to measures of prohibition of payment of the debt or its execution. Already started measures should not be allowed to continue. The debtor is not in respect of such debt must not address the payment delay penalties. In the scope of the prohibition laid down by, inter alia, the following measures: 1) the liquidator may be given on the guarantee or the guarantee of the rights to use the call-back, or other exploitation of the payment;
2 termination of the debt and the debt of the debtor of the) the termination or dissolution of the payment as a result of this delay, with the exception of the termination or dissolution of the financial terms of the agreement for the new debt;
the use of the claim in the debtor from the creditor for 3) creditor to set off with the exception of the tax collection Act (619/2005) receipt;
4) arrangement that is based on the debtor of the debt payment failure malicious administrative decision.
Contrary to the ban is ineffective. If the amounts secured by way of the property is transferred, the successor in title may, however, contrary to the prohibition to a breach of good faith, as explicitly provided for. Prohibition does not prevent a creditor at the trial or other proceedings in order to maintain or obtain the right of enforcement. The ban is not the creditors of the debtor's property as a precautionary measure, the decision of the authority and the implementation of this decision, subject to article 4.

The debtor's property, before the start of the arrangement prescribed a precautionary measure shall remain in force, unless the court orders otherwise, or, subject to article 4. Before the precautionary measure to the creditor who applied for a suspension or limitation of the measure be given an opportunity to be heard.
After the beginning of the debtor's debt in the course of use of the assets may not be covered by the current debt on the basis of the debt target, based on the decision of the authority as a precautionary measure. Before the start of the compulsory settlement provided for a detention order expired at the beginning of the debt facility.

section 14 of the creditor's rights (24.1.1997/63), the charge to be the start of the third set by a security arrangement does not prevent a creditor from inheriting debt guarantor, or a third person, or as otherwise determined by the value of the security or from terminating an eräännyttämästä debt guarantor or guarantee referred to above, the setter. Requiring the guarantor does not require the debtor to run targeted eräännyttämistointa.

section 15 (19.12.2014/1123) exemption to the prohibition of a secured creditor, the Court may request the recovery of grant the creditor permission to section 13 1 of the exercise of the rights referred to in paragraph 1, provided that: 1. the amounts secured by way of the property does not belong to the debtor) of the security and the debtor need it his business, unless it is clear that the debtor is unable to pay the creditor any security under section 29 of the debt; or 2) on which the claim is based is 12 (a) or subparagraph (1) of section 12 (b) in section 12 (b) the supply or referred to in section 2 of the obligation to insure against such liability for failure to act, provided for in paragraph that is not marginal.
The decision must comply with the appeal, unless the court orders otherwise. Home in spite of the above, the requirement referred to in the realisation of the secured creditor to delay, under the conditions laid down in article 35.

section 16 of the accumulation of interest on the start of the accumulation of interest on the debt arrangement, to suspend the debt of debt covered by the arrangement. The same applies to other kinds of payment delay penalties, depending on the length of delay.

section 17 of the Ulosmittauskielto after the beginning of the debtor's assets may not be debt attached, with the exception of the debt covered by the debt arrangement, a privileged child support debt. Contrary to the claims of the ban is ineffective. Ulosmittaushakemuksen processing is suspended. If the garnishment is already provided, the implementation must be stopped and the bailiff must be kept over on their property. If the ulosmitatun property for sale is announced before the start of the debt, the property may be sold under execution in the order provided for in article 3, the result of the change. The bailiff shall retain the rights acquired or in the process of accumulating the financial resources, the seizure until the payment of the program shall be established or otherwise.
Notwithstanding the provisions of subparagraph (1), provides for the prohibition on the debtor's salary, pension, pay, income from business activities, or the rest of the toistuvaissuorituksen, the bailiff contacts shall be valid as the execution, unless the court orders otherwise. The bailiff to carry out maintenance to the child with the exception of the retained funds, until the program is fixed or otherwise provided for payment.
If the debtor ulosmitatun sale of property has been drawn you before the start of the debt, the Court may order the cessation of, implementation of, and to cancel the sale if the property belongs to the debtor's basic: 1) or the debtor needs the business or profession; and 2) it is evident that the property does not have to be used in lieu of the debt owed.
(19.12.2014/1123) If the enforcement authority is the start of the arrangement before debt set to appeal an interim order to suspend enforcement of the guarantee be valid or other, the bailiff shall be kept for the security, until the scheme shall be established or otherwise, or by a third party, if the security is, if required, to restore security for this.

the implementation of article 18 of the Other and use the arrangement must not be implemented at the beginning of the decision on the control of the debtor, the debtor, to evict these apartments used as dwellings or mainly used for the debtor's business, if the eviction is based on the start of the run, the apartment prior to the arrangement of the past due rent or other consideration given to acquire an omission. The same applies to the housing companies Act (1599/2009) the decision taken pursuant to the debtor's home on the company's management. However, at the insistence of the creditor, the Court may allow, if it occurred it would be unreasonable, taking into account the measures taken by the creditor has taken an apartment, or if it is clear that the debtor is unable to pay its maturing debt arrangement, after the start of the rentals or other consideration. (19.12.2014/1123)
After the hire-purchase Act on trade in debt (91/1966) of the goods referred to in the Bill must not allow the repossession or the assistance of the only, if the trade does not belong to the debtor's basic and the debtor to the creditor, or professional purposes, if the need for it to have been given this right provided for in article 15 of the law in the use of section 13 1 of the rights referred to in paragraph 1. Similarly, the pending repossession and the payment of the settlement must be suspended until the program is fixed or otherwise. (19.12.2014/1123)
Since the debt is not to take the implementation of the conversion of the penalty of a fine.

section 19 (19.12.2014/1123) since some of the agreements, the role of the arrangement, the debtor may terminate the rental agreement or other agreement, in which the debtor is a consumer debtor is made by a tenant, or, at the termination of the duration of the contract, or two months after the termination of terms and conditions. The debtor is not in addition to the termination of the rent or other consideration shall be obliged to carry out the other end of the compensation agreement early.
By way of derogation from article 1 of the debtor's business activities, mainly in the course of the purchase of the apartment renter is entitled to compensation for the premature termination of the agreement. Compensation includes expenses incurred in the return of property, as well as fair compensation for any other damage caused by the landlord from him. The claim is for a debt owed under the arrangement.
In respect of the credit agreement, the company's hiring of reorganization of the law provides in article 27.
It, which is the start of the agreement prior to the performance of a business engaged in the debtor committed to, but which is at the beginning of the arrangement of debt, is without prejudice to article 12, be eligible to receive payment for his performance, if the performance of the operation of the debtor may be considered normal.

under section 20 (19.12.2014/1123), the relationship between bankruptcy If debt arrangements will be made in the event of an application, the application for the setting up of the debtor in bankruptcy is pending, the application shall not be resolved before the decision to initiate compulsory settlement is made. The same is required if an application for insolvency proceedings, but before the entry of the proceedings, shall be made in the application for the setting up of the debtor in bankruptcy. If debt settlement is initiated, the bankruptcy filing will lapse once the payment plan to be confirmed. If the application is rejected or the debt arrangement ends, other than the payment of the program, the processing of the application for bankruptcy is to be continued. The impact of the bankruptcy of the appeal provided for in this section and section 63 of the Act.
If the debtor has applied for, or to announce they are seeking a review of the decision of the language in which the application of the debt referred to in paragraph 1 is refused or later brought an application for declaration of bankruptcy of the debtor, that the Court may, on the request of the debtor, to postpone the decision on the adoption of the Declaration of bankruptcy until the complaint is resolved in the Court of appeal or the case for any other reason ceases to exist. Is subject to the condition that the postponement is especially weighty reason for taking account, in particular, of the grounds on which the debtor is the appellant or which he or she shall inform the registered he will invoke the. The decision on suspension shall not be subject to appeal. If the debtor is declared bankrupt, the debtor, the Court may order that the bankrupt is not allowed to sell your property in more than is necessary in order to avoid losses or bankruptcy to pay the costs of the Administration and management of the property before the decision on the debt arrangement has the force of res judicata or issue.
The application of the debtor's insolvency in bankruptcy proceedings is inadmissible until the bankruptcy is confirmed in the nest.
After the beginning of the application by the creditor, the debtor of the debt arrangement can be declared bankrupt if a bankruptcy filing is based on the arrangement after the onset of the debt payment. In this case, the requirement of the debtor's bankruptcy may be postponed for no more than one month, if it is a debt for the continuation of the arrangement particularly weighty reason. The decision on suspension shall not be subject to appeal. If the debtor is declared bankrupt, the debt settlement is void.

20 (a) in the section (19.12.2014/1123), after the start of the debt incurred


If the debtor is declared bankrupt on the application, which was the end of the program, prior to the commencement of the payment of the compulsory settlement and the strengthening of the programme during the period between the payment and the funds to settle from the sheer amount of incurred the interest shall be paid to the bankruptcy creditors payment Act (1578/1992) after the claims referred to in paragraph 3 of its best covering claims attaching to the. If the case ends with the strengthening of the programme, other than the payment of the above mentioned of the privilege is the arrangement during the period between the end of the opening and the handling of any available funds at an interest rate of kertyvällä and to settle, if the application for a declaration of bankruptcy has been pending in the arrangement of the decision opening the proceedings during the period from the end of the or and was within three months of the end of the proceedings. The share of the liquidator of the debtor's payment of the premium to be paid and compensation, as well as for the sheer amount of resources to settle the interest is paid, however, in the first place.

section 21 of the interim injunction, the Court may, upon application by the debtor of a debtor's date of order 12, 13, 17 or 18, as a temporary ban to be referred to in section already in force before the start of the debt, if it is considered to be in need. The order can be given to creditors without consulting, if the urgency of the matter, shall be deemed to so require.
The decision, which is prescribed for an interim injunction, as referred to in sub-section 1 shall not separately. If the Court has rejected the claim of a temporary injunction, may be separately only if the ban is applied for by the debtor of the debtor in the course of the Basic or required by the property rahaksimuuton. The appeal shall be lodged by the debtor to the Court of appeal without delay, and the Court of appeal must be declared admissible as a matter of urgency. The Court shall, when a topic is to be reserved to the creditors the opportunity to respond to the complaint. (19.12.2014/1123)
In essence, the Court shall, without delay, inform the imposition of a temporary ban on the debtor of the debtor's domicile and the place where the property is located. (4.8.2000/714), section 22, the start of the Legal effects of the termination of the legal effects of the arrangement will be in effect until the payment program will be strengthened. If an application is rejected, the debt arrangement, the arrangement shall cease to have effect after the commencement of the Court's decision has been issued, unless the Court for special reasons, the effects of that will be in effect until such time as a decision has the force of res judicata or issue.
The removal of the legal effects of the arrangement of debt following the rejection of the application under section 17 or 18 of the estynyttä or the implementation of the assistance may be interrupted or continues on the basis of the implementation or the post-apuhakemuksen.
the content of the article 23, Chapter 5 of the debt program debtor Payment must be confirmed his ability to charge the program. The debtor's obligation to pay its debts more (additional performance) lays down in article 35 (a). (30.12.2002/1273)
The payment programme shall be established for each debtor separately, subject to section 24 (1) of the article.
The debtor or the liquidator shall draw up a proposal for the payment program.

section 24 Kanssavelallisten payment program as well as his co‑debtors and cohesive, which are debt in relation to the guarantee of the debt and who have applied for such an arrangement in respect of the guarantee of the debt may be laid down, together with the joint, the payment program.
When kanssavelalliset, who are representing the rest of the debt in relation to the security of a petty advantage, have applied for the debt arrangement scheme takes into account each pay part of the debt, that his part comes when the debt will be distributed in proportion to the debtors ' financial position. Of the debtor, the debtor's assets and the economic is a five-year relationship with the debtor's liabilities of the payment program intake. Above, shall apply by analogy in respect of the debtor and the guarantor are jointly applied for debt arrangement. (24.1.1997/63)
Kanssavelallisten and the guarantor's debt is recourse, in the cases referred to in paragraph 2, the debt restructuring in a similar viimesijaisessa as referred to in article 31 (3) of the liabilities. (24.1.1997/63), section 25 of the arrangement means, within the limits laid down in the arrangement may promissory note, hereinafter referred to as the, the liabilities: 1) to the change in debt payment schedule;
2) provide that the debtor's payment processing is a must read first the debt-to-equity and credit costs the truncation;
3) reduce the remaining credit at the time of the payment obligation of the credit;
the amount of the outstanding debt of 4) reduce;
5) to remove the obligation to pay the debt in full.
Debt settlement can contain the whole or part of the debt will be paid in a lump sum for this purpose, the capital of the new debt.
The debt must be applied to the point of view of the creditor in the lievintä way, the economic situation of the debtor, which is enough to repair. The amount of the debt can be reduced, or the payment of the debt obligation to completely remove only if the debt is not to be carried out.

the role of the Organization of the article 26 of the Collateral, the security of debt debt can only be applied under section 25, paragraphs 1 to 3 and (2) of the abovementioned arrangements. A security interest may be due to the debt also will reduce or eliminate it altogether. When section 25, subsection 1 (2) shall apply to guarantee the debt, lykkäytyville the present value of the credit costs will be ordered to be paid their peacekeeping capacity. In the event of a credit under section 25, in accordance with paragraph 3 shall also take into account the length of time of the remaining credit so that, in relative terms, the lower the credit discount is, the longer the time is.
The present value of the interest rate provides an appropriate index, designed so that for each quarter to be carried out again last quarter the interest rate corresponds to the change in the annual rate that can be converted into an index.
Debt settlement does not affect a creditor's security right in rem to the continuation or content. However, you can change the arrangement of debt owed to the security of collateral arrangements by replacing the other debt are safely taken care.

Article 27 of the capitalization of interest include the loans owed by the State under the terms of the mortgage or other loans, the interest rate on the debt payment in the event, the conditions may be owed to displace and to deal with debt at the start of the scheme in the same way as the kind of debt, which does not include the recapitalisation of the interest rate.
As a result of the arrangement include the liability that has to be paid by the Housing Act, section 9, subsection 2, of the State, shall be carried out in accordance with article 9(4) of the loan received from the State and, as the debtor has to pay according to the programme, to be carried out its debt.
If provided for in respect of the debt arrangement, the creditor shall be entitled to demand payment from the debtor the recapitalisation of the interest taken into consideration.
AsuntotuotantoL 247/66 is repealed L:lla 1189/1993, see AravaL 1189/1993, Chapter 6.

section 28 of the Unclear status of the debt if the debt is the amount of, or basically the ambiguous, the Court shall order the payment of the debt, the amount will be taken into account in the program. The same applies to the right of the creditor to change accordingly.
The decision may not be separately.

Article 28 a (24.1.1997/63) Tavoittamattomien position if the arrangement covers the regulation of the amount of the debt represents the mark below the trader, which it has not been possible to reach out to, the debt can be left in charge of the programme. The foregoing shall not prevent the payment of such debt, the creditor from applying to the program.

section 29 of the content and duration of the program of guarantee of payment in respect of the debt where the debtor has a debt, from which his perusturvaansa, belonging to the property is secured, will be the first to show the share of the debtor's payment of such debt is necessary to steal (guarantee liability). This guarantee debt shall provide for the present value of the debt will be paid a minimum of collateral within a reasonable period of time. For no particular reason this time must not be substantially longer than the remaining time of the original credit. (24.1.1997/63)
If the debtor is not in a position to carry out in accordance with the guarantee of the debt, the share of the property is to be changed into cash.

section 30 (24.6.2010/632) general provision with regard to the debtor's ordinary debt payment program payment, after deduction of the share of a possible guarantee of the debt and the debtor's assets from rahaksimuutosta funds must be used for ordinary debts as provided for in article 34.
As regards the arrangement and payment of ordinary liabilities, the content of the programme shall provide for the duration of the programme, so that the payment is for three years, subject to article 31 (a) subject to change.
If the debtor has an interest in the housing, the debtor shall be carried out in the ordinary debts of at least the amount referred to in article 32. If the debtor retains ownership of the apartment, the duration of the payment plan can be longer than three years. Payment for the duration of the programme, however, must not exceed 10 years for ordinary debts.
If the debtor's obligation to pay is a payment program completely removed or debt settlement has been granted pursuant to article 10 (a), the duration of the payment plan is for five years, subject to article 31 (a) subject to change. At the time when the obligation to pay is completely removed, the payment program can, however, be shorter than five years, if the debtor is permanently missing payment of illness, age, or any other similar reason.

If the debtor is to be carried out under article 70 of the liquidator, the duration of the payment shall be extended by four months. However, the six months shall be extended by the duration of the payment plan, if the debtor's business debts are sorted in accordance with article 45 (a). If the debtor's share of the liquidator's claim to accumulate his maksuvarastaan after the adoption of the aforementioned payment program in a shorter period of time, the duration shall be extended by the period of payment only. (19.12.2014/1123) section 31 of the ordinary debt, mutual position of each show is equal to the ordinary, the relative share of liabilities of the debtor's payment and funds received, unless the assets of rahaksimuutosta 2 – 5 article or subject to (a) section 31. (February 29, 2008/117)
Payment and the money is the first to show a privileged child support debt. After that, they can be shown to the debtor of the debt payment purposes, related to the cost of living or the necessary essential for living.
Viimesijaisesti payment and the balance of the day of payment, the funds must demonstrate during the period between the adoption of the programme, as well as to the kertyneille with the liabilities in bankruptcy are the last executable. If the balance of the day is earlier than six months prior to the commencement of debt adjustment, commencement of the arrangement and payment of debt viimesijaisia are the strengthening of the programme during the period from the accrued interest. (19.12.2014/1123)
The payment program can be established so that the creditors will come in the amount of low dividends paid first, and also so that the debtor the amount of time the sheer amount of payment is used to alternate between the various creditors in the future, if it is appropriate for the implementation of the programme and the potential of other creditors in the event of payment therefore is not compromised. If you have more than one creditor, the execution creditor may be left without payment, which would be awarded on the low setting adjustable mark shall be less than the number of interest. (24.1.1997/63)
If the debt covered by the debt arrangement, a natural person who becomes obsolete (705/2007), Chapter 2, section 27 of the Act, or the obsolescence of the debt (728/2003) in accordance with article 13 (a) the payment of the liability for contribution payment during the period of the programme, and funds are debt of the final from the beginning of the calendar month following that in which the limitation period to demonstrate to the other creditors. The payment of a debt limitation respectively shall be taken into account in the programme, of which velkajärjestelyvelallinen together with someone else is responsible, on the basis of a guarantee or other cause. (19.12.2014/1123) 31 (a) section (24.1.1997/63) in favour of the extension of the duration of the Payment program yksityisvelkojan If a creditor is an individual (yksityisvelkoja), the duration of the payment plan may be his claim to impose to continue for up to two years after the payment of the debts of the other regular program is finished. If the debtor retains ownership of the apartment, this two-year period may be issued to start myöhemmästäkin time after the payment of debts in respect of the program has expired. A condition for the continuation of the programme is that it can be considered reasonable, taking into account the amount of a claim by yksityisvelkojan and his financial situation, as well as to the debtor's circumstances. (24.6.2010/632)
Decision on the continuation of the programme can be used to make a payment over the duration of the programme, if it has not been possible to determine the amount of the claim, the payment program for fixing yksityisvelkojan particular ambiguity or any other reason.

section vähimmäiskertymä of the ordinary debt of the debtor holds 32 of the layout When the debtor has an interest in the housing, the debtor shall be carried out in accordance with the ordinary debts (2) means the sum of the amount of the deferred corresponding (vähimmäiskertymä of the ordinary debt), regardless of whether or not the debtor to keep the apartment, or whether it is to be changed into cash.
Ordinary debt vähimmäiskertymään reading: 1), any surplus value, that is, when the borrower's ownership of the dwelling to the likely sales price will be reduced by the amount of the debt, which the rahaksimuuttokustannukset, housing is secured, as well as a principal amount, the debtor and his family living in the cheapest available option to be safeguard (protection of residence); as well as 2), whose five-year period the intake charge program would produce for the ordinary creditors of the debtor, if the cost of housing is estimated based on his and his family's housing is provided the cheapest available option. (19.12.2014/1123), section 33 of the debtor's debts, the liquidator may be given in lieu of the common ownership of the dwelling if it is established that the debtor, with the ownership of the apartment, would not be able to pay up to 10 years, while maintaining ownership of the layout of the programme to carry out ordinary debts vähimmäiskertymää referred to in article 32, is to be changed into cash. However, there is no change in the debtor's property apartments for cash, if it would add to the ordinary liabilities for future credit or only a little, or if a reasonable other homes are not available.

section 34 of the debtor's assets rahaksimuutosta rahaksimuutosta using the debtor's assets from the funds remaining, after the rahaksimuuttokustannukset and liabilities, which is secured by assets, has been paid, shall be used for ordinary debts.
The debtor's home rahaksimuutosta funds received are used for ordinary debts to a maximum of vähimmäiskertymää ordinary debts. The Court may order that the debtor may pay the ordinary share of the proceeds of future liabilities through lump-sum payment, according to the programme, if it is reasonable for the borrower's housing. The Court may order the debtor's remaining assets to the debtor to use the home rahaksimuutosta to arrange for a debtor's residence or in order to safeguard the payment under the programme performance. If the debtor fails to order, the payment program can be terminated.

Article 35 (31.1.1995/113) the suspension if the debtor's property in the ownership of an apartment rahaksimuuton apartment is 15, according to section 29 or 33 to be changed into cash, the Court may order the debtor to have them disposed of and to take a certain, that, after a period of not more than one year, if, having regard to the circumstances of the debtor and his or her family shall be considered to be reasonable and if the debtor is able to carry out the ownership of apartments in rasittavalle a security interest that accrues on the amount of debt for the period indicated in the running. If the debtor defaults, the creditor may be used for this payment of interest under section 13 1 of the rights referred to in paragraph 1.

35 (a) section (30.12.2002/1273) the debtor shall be fixed For the payment of the performance obligation to the obligation to pay for the program through payments to his creditors their income and the payment of the funds for the programme during the period provided for in this article. For performance referred to in paragraph 3, the obligation does not, however, be confirmed by the income of the debtor, cannot be expected to grow at the rate referred to in paragraph 3 of the payments during the period of the programme. (19.12.2014/1123)
If the debtor receives the payment ability of healing, a gift or any other non-recurring payment, the amount of which, alone or jointly with others, with the performance exceeds EUR 1 000, to be paid to the creditors of the debtor is in excess of EUR 1 000 the aggregate amount of such contributions.
If the debtor's income, after deduction of the cost of these increased commuting and other income to the debtor for the purpose of obtaining additional expenditure will increase pay by direct universal suffrage marked income compared to the calendar year, not less than EUR 2 000, the debtor's obligation must be used in lieu of the half of the $ 2,000 excess. The amount calculated in this way is not, however, need to be used in lieu of the debt to the extent that the debtor has had it with other essential spending. (19.12.2014/1123)
The net income of the debtor's income under subsection 3, which is calculated by subtracting the income of the debtor, in accordance with the procedure for tax withholding tax or withholding tax related to the employee's legal fees. Revenues are based on the tax return and tax liabilities are taken into account as a deduction from the income of an addition to, or in the year in which they have been paid or should have been paid.
Lump sum performance-based payment obligation must be fulfilled within three months of the date when the debtor received the funds. For the rest, the additional obligation must be fulfilled during the following calendar year. The end of the programme for the year of payment for the additional services, however, is due at the same time as the additional services of the last full calendar year or during the six months following the end of the programme, depending on which of the additional services on the basis of the period will come later. The time of payment may be provided to the contrary, if it is appropriate for more performance or other special reason. (19.12.2014/1123)
The Court may, on application, fix the amount of the additional payment to the creditor and the amount ordered to be paid. Of the application and of the request provided for in section 61 (a).
The amount of money referred to in paragraph 3 above, shall be reviewed by the law on the people's pension index. Revised amounts shall be rounded up to the nearest euro and shall be published each year in November, the Ministry of Justice, the Statute by regulation. (8 December 2006/1088) article 36 Payment information to be included in the Payment programme the programme will show enough, broken down by the following factors:

1) the debtor's assets, which is not to be changed into cash;
2) wealth estimated income received from or available on rahaksimuutosta, as well as other provisions relating to the assets;
the income of the debtor's income, as well as an estimate of 3) expected development;
4. the necessary costs of living and the debtor of the debtor), maintenance costs and other economic factors affecting their status;
5) the debtor's payment or other appropriate time period;
6) measures, which the debtor is to be taken in order to improve the pay of its ability;
7) secured and secured by the property.
8) guarantee the contents of the share of the debt, the debt arrangement, payment schedule and the duration of the guarantee of payment of debts;
9) ordinary debts and their used for the execution of the payment and the funds;
10) the content of the schedule of the payment of the debt and the payment of debts in respect of the duration of the ordinary;
the provisions of section 18 of the 13 and 11) referred to in the implementation of, the assistance of the provisional measures, including protective measures;
the criteria for the performance of the obligation and 12) additional provisions for the filling; (30.12.2002/1273) 13) the costs of the proceedings, as well as an administration fee and the cost of the solutions.

the delivery of the liquidator under section 37 Rahaksimuuton shall ensure the payment of the funds provided for in the programme of the wealth rahaksimuutosta and accounting, unless the court orders otherwise. If the receiver is not prescribed or otherwise, is appropriate, the Court may order the bailiff of the debtor or the secured creditor to take care of the rahaksimuutosta, and the accounting of the funds. The insistence of the secured creditor, the Court may, for special reasons, order that the liquidator may be given in the order in which the claim to have made a secured creditor, the execution is provided is the applicant.
The liquidator may be given to the debtor's assets, which will take place in the context of the debt arrangement, shall be provided with care and in an appropriate manner, in such a way that the assets may be as high as the price at the lowest possible cost. Lastly, the Rahaksimuuttokustannukset are rahaksimuutosta. The provision of the debtor to be consulted prior to the rahaksimuuton. Rahaksimuutosta and accounting of the assets of the debtor must be given a written statement to that effect.

38 section (31.1.1995/113) the strengthening of the programme, the payment program can be used to confirm if the debt restructuring is 9 – according to article 11 of the conditions and the program is responsible for the provisions of this Act. Any deviation from the provisions of this law, the payment program does not prevent the strengthening of the programme, unless the creditor or the debtor not have relied on the proposed payment programme in a statement.
The fee laid down in the programme must comply with the appeal, subject to the upper Tribunal. When setting the payment plan, the Court may order that the debtor's assets within the territory of the provisions is to be followed only when the decision is legally binding or otherwise.

section 38 (a) (19.12.2014/1123), the strengthening of the simplified procedure, subject to the payment of the programme referred to in paragraph 3 of the proposed programme, the payment may be a barrier to have paragraph 38, as well as the provisions of article 55-57 non-compliance to confirm the payment program, if: 1) debt restructuring is 9, 9A, 10, 11 (a) and article 11 of the conditions; and 2) all known creditors, whose claims are the total number of creditors ' claims, at least 80% of the total, and the amount of debt owed to any creditor that is at least 5% of the total number of creditors ' claims, has given its assent to the proposal of the payment program, or has not submitted the relevant claim.
The Court is a program in the context of the proposal provide the explanation of how and when those creditors who have not accepted the proposal, has been brought to the knowledge of the proposal and the arguments against the proposal, been given an opportunity to rule on the creditors ' written statements. The Court shall also be communicated to the debtor's statement in writing.
The proposal for the payment program can not be confirmed unless the proposal is not to have regard to the creditor's 25, 26, 29, 31 and 46, in accordance with section (a), or if it otherwise differs from what the equal treatment of creditors in the law. In addition, the Court must always be examined in accordance with article 31 (a) yksityisvelkojan.

39 section formulas and guidelines for the Ministry of Justice to strengthen the application and payment of the debt on the formula the program proposal, as well as give their guidance.
Chapter 6 the provisions relating to the payment program Established under section 40 of the legal effects of the Payment When the payment programme has been established, the scope of the debts and liabilities of the other terms of the programme, in accordance with the regulated legal relations are determined by the program. The end of the duration of the programme despite the debtor's obligation to pay the fee provided for in the programme is retained to the extent that it has not been completed. As a result of this delay of the payment program, the interest rate on certain transactions not kerry. The assets of the debtor of the debt covered by the arrangement, debt-based garnishment on the verification of the payment programme has been established. The same applies to the other in a debt-based implementation. The conversion of the fine punishment should not take payment over the duration of the programme. (30.12.2002/1273)
The strengthening of the programme does not prevent the payment of debt in the amount of the debt covered by the arrangement or the validity of the security right or debt or the examination of the content of the claim, if the debt or right is in the context of contested debt and the matter is under 57, subsection 2, demonstrated for a ruling in a separate trial.
The commitment or contract, according to which the debtor is to be done on the basis of the debt to be covered by the debt arrangement, or a performance, shall be null and void, unless the obligation is not based on the provisions of this law, the payment program, or fixed. Payment at the end of the programme, the debtor may, however, voluntarily carry out the debt covered by the arrangement. (24.1.1997/63), section 40 (a) (24.1.1997/63) of unknown creditors at the end of the programme, if the payment occurs within the debt on the basis of the payment of the debt, the program could have been to change the amount of the debt, the debtor shall be carried out by a creditor would have received if the debt should be included in the payment programme.

41 section (24.1.1997/63) adherence to the payment plan, the debtor has to be carried out in accordance with the payment plan payments in accordance with the programme, in accordance with the payment schedule for each creditor. The Court may, when considering it appropriate, provide that the payment shall be made by the debtor in whole or in part, to the bailiff to the creditors for settlement. The bailiff can give a ban on the execution of the application as referred to in the payment of the wages of the debtor, the credit under the programme for the pension, business income, or any other toistuvaissuorituksesta the prohibition laid down in accordance with the execution of the payment, where applicable, what. The order will lapse, if the bailiff finds that the conditions for the implementation of the payment program does not exist. The bailiff shall lapse to the debtor.
The debtor, whose ability to pay has been weakened, without prejudice to paragraph 1, have the right to postpone payment of a future payment to each creditor during the duration of the programme, a total quantity corresponding to not more than three months, the payment obligation, or if the duration of the programme in respect of the ordinary debt is not more than three years, five months, and the amount of the corresponding payment obligation by notifying the creditor deferral. The debtor's payment is due for payment at the end of the programme, lykkäämä. (19.12.2014/1123) section 42 (24.1.1997/63) failure to Pay the penalties and the payment plan: expiry of the programme, if the debtor fails to pay to the creditor in accordance with the execution of the programme, which is an artifact of the security right in the debtor's assets, the creditor may be used under article 13 of the rights referred to in paragraph 1, after the failure to run is passed more than three months and is still outstanding. Rahaksimuutossa shall apply to the addition to article 34.
If the debtor fails to pay in accordance with the programme performance for the rest of the persons referred to in paragraph 1, the payment to the creditor, the creditor may, under the implementation of the programme as the execution, where the failure to run took more than three months and is still outstanding. In this case, the creditor can require the entire program for the upcoming intake. Implementation will continue until the withdrawal of the creditor or the debtor has effected payment to be valid according to the programme, the supply to the creditor and may be entrusted to the aging, that he will comply with the payment program. If the debtor ulosmitatun sale of property has been drawn, the property can be sold, unless the creditor to request valid withdrawal. (30.12.2002/1273)
The bailiff shall be retained under paragraph 1 or 2 of the proceeds of the sale of the assets of ulosmitatun, where there is reason to believe that the funds can be used for the implementation of the creditor of the debtor, other than a debt for payment purposes.
The Court shall order the debtor to pay in respect of the application by the program. The payment program can be terminated upon application by the creditor, if the: (February 29, 2008/117) 1), the debtor has essentially failed to comply with the payment plan without a valid reason;
2. after the adoption of any payment plan), which prevented the arrangement, if they had been known to the insolvency; or

3) the debtor has endangered the realisation of the payment plan to the livelihoods of velkaantumalla without reason or of an assimilated, or otherwise failing to myötävaikutusvelvollisuutensa.
Instead of the expiry of the payment plan, the Court may fix the amount of the creditor of the debtor's claim of the applicant and the amount of the additional payment, together with interest, if the program lapse should be regarded as unfair if a penalty payment to be paid to the creditor on the basis of the programme, taking into account the accrual for the execution of the program, the amount of payment default on the cause and other conditions. (30.12.2002/1273)
If maksuohjelmaon specified in respect of, the creditors have the right to demand payment from the debtor, the conditions under which saatavastaan would have to be followed without debt. The liability of the debtor is not, however, be carried out in the interest payment period of duration of the programme, subject to the Court of Justice for a reason of the expiry of the payment plan.
The decision, in which the program is provided for in respect of payment, shall comply with the appeal, unless the Court for special reasons that the decision is to be followed only when it has the force of res judicata or issue.

Article 43 effect of the bankruptcy of the payment program, If the debtor is declared bankrupt before the end of the payment plan, the payment program to lapse. In this case, the creditor's rights in bankruptcy depends on, as well as if the program had not been confirmed.
Notwithstanding the provisions of paragraph 1, the debtor, the Court may order that the payment program is not owing to the bankruptcy of the tenant for a specific reason, therefore, that the bulk of the debt has already been paid in accordance with the payment plan.

section 43 (a) (8.12.2006/1088) the death of the debtor, if the debtor dies after taken into account of the deceased, is regulated in accordance with the terms of the payment program. Creditors are entitled to the payment of the debtor should be further specified according to the programme, had to be paid. If the debtor's payment according to the programme, the amounts secured by way of assets held, before the payment to the program based on the obligation to pay the sales price of the property is filled in, the rahaksimuuttokustannusten after the debts for which the property is secured.

44 section (30.12.2002/1273) to change the payment plan Fee upon application by the debtor or creditor, the programme may be changed, provided that: 1) the debtor's ability to pay has deteriorated so substantially that he cannot reasonably be required to pay the program fee imposed on duty, taking account in particular of the time necessary for the debtor's non-payment of the fulfilment of the other conditions, or in the cases provided for in other relevant circumstances, is the program's debt after the adoption of the fundamental change;
2) following the adoption of the programme, which has occurred in the circumstances would have been of fundamental importance in terms of the debt, if they had been known to the insolvency;
After the adoption of the programme 3) covered by the compulsory settlement occurs in the debt, which was not known when setting payment program or one that is in accordance with article 28 (a) filed in the payment programme; or 4 to change the payment plan is the subject), reinstatement or, therefore, that in the case referred to in article 28, the amount of the debt or the creditor's right of way shall be established elsewhere, as it is a payment programme have been taken into account.
The change, which is being done for the benefit of creditors, the payment program applies to all creditors. The creditor, which would be awarded on a minor regulation adjustable euro less than the number of accounts, however, may be left without payment. The change to the detriment of the creditors of the creditors, to whom the program, according to a yet to be run. If the application of paragraph 1 is amended as follows: in accordance with paragraph 3, a change must be sufficiently such that the debtor is without prejudice to the provisions relating to the payment of the duration of the programme to be carried out to the creditor as a large share of the debt to other creditors, in the same position if it is not unreasonable, taking into account the amount of the debt and the debtor's circumstances, as well as the economic importance of the performance criteria. The duration of the programme may be extended by the administrator, the claim for payment in return for the payment.
The amended payment program must comply with the appeal, subject to the upper Tribunal. When deciding on the payment program, the Court may order that the debtor's assets within the territory of the provisions is to be followed only when the decision is legally binding or otherwise.
Chapter 7 special provisions concerning the debtor engaged in a business article 45 (19.12.2014/1123) additional conditions concerning the organisation of the Private-sector debts or liabilities of the debtor's private enterprise can be rearranged as a self-employed person working according to this law only if he has a payment book for ordinary debts and 46 of no obstacle to the resumption of the activities of the debtor and: 1 it is not the business activities), the costs incurred by the creditor or a little;
2) that business-related liabilities is more than a little but they are not due for payment and the debtor is able to pay the debts of the business relating to the operation of the activities available in the income as they become due; or 3) the debtor's business related to the liabilities are sorted this in accordance with the law.
If the debtor carries on business activity of the open company or limited partnership personally, his private-sector debt can be rearranged according to this law, if: 1) the company is solvent and it is threatened by insolvency; or 2) company has pending business restructuring process provided for by the law.
To engage in business-related liabilities of the debtor in the past are considered private-sector liabilities if the business activities have been discontinued, and the responsibilities of the debtor's debt is cleared.

Article 45 (a) (19.12.2014/1123) further conditions for the organisation of the business debts as private or self-employed persons in the working of the debtor's business-related debts may be organized according to this law, only if the debts of the debtor: 1) in accordance with the laws of the private enterprise are organized in this;
the business of the debtor, the operation is pretty much 2) small scale and consolidation require business arrangements;
3) the debtor is able to pay, after the opening of the proceedings arise from the operation of the business relating to the operation of the debt available income as they become due; and 4) the continuation of the No 46 of the broader meaning of borrowing for the debt.
The company's business activities in the open, or limited partnership the company personally engaged in the business of the debtor relating to the operation of the liabilities can be rearranged according to this law, if: 1) to the company's reorganization of the company in respect of the Act is pending for the procedure; and 2) question is a company man, and the measures taken, under the procedure referred to in paragraph 1 shall extend the impact the company.
According to this law will not be able to organize the company's debt.

45 (b) of section (19.12.2014/1123) of a special obstacle to the organisation of the business of debt for business-related liabilities cannot be marshaled to this in accordance with the law, if there is good reason to believe that the main purpose of which is to prevent the creditors ' recovery operations or any other violation of a right of the creditor.

46 section credit in the course of trade and wealth preservation (19.12.2014/1123), section 45 and 45 above, (a) in the case referred to in article 7 of that Decree, the debtor may: (1) without prejudice to the prohibition laid down by having the business in terms of the necessary credit, if it is not in the amount of or conditions. The debtor may, however, be a greater amount of the credit, if credit is appropriate, taking into account the expected payment to the debtor during the operation of the income. (19.12.2014/1123)
Private or self-employed person is not required to change the arrangement of debt for cash assets of the debtor's business activities, in so far as it is necessary to continue the operation and the continuation of the activity is appropriate, taking into account the income of the debtor.
Open or limited partnership, the company's liability is not personally owed a duty to change to cash its share of the company, except if one of the creditors so requires, and it is likely that this would lead to a better result than the creditor's point of view the preservation of the debtor company.

46 (a) section (19.12.2014/1123) program to strengthen the barrier Above 45 (a) in the case referred to in article payment program cannot be confirmed, if the creditor may be the probability that her payment according to the programme, the future uptake is worth less than what he would get in bankruptcy of the debtor, without taking into account the debtor's home and 20 (a) in the section.

Article 47 concerning the payment plan makes specific provision for the


If the debtor is a private or self-employed person and a decision will be made in the payment of the debtor in the course of the programme, the opening of the proceedings referred to in the Act on the company's reorganization, the payment program established under this Act is void. The Court may, however, provide that the payment program does not, despite the company's restructuring process, if there is a specific reason, therefore, that the bulk of the payment of the debts included in the programme, carried out in accordance with the programme.

Article 48 the shareholder if the person carries on a business of a specific provision of the share in the management of a company as a shareholder, it is not considered as being part of the debt covered by the debt of the debtor's liability in the event of guarantee the guarantee is a commitment of the company's debt. Such a debtor does not apply, section 3 of the Act provides, in the event of the debt of the company referred to above has been lodged.
However, the debts referred to in sub-section 1, the proceeding, if the company has initiated the procedure provided for by law or the company's restructuring the company has laid down restructuring programme. (24.1.1997/63)
What the above article 46 provides, apply by analogy to the debtor, which is engaged in professional activities in the stock in the management of a company as a shareholder. (24.1.1997/63) in Chapter 8, section 49 of the procedure before the Court of the order of business and jurisdiction (30.12.2002/1273) In compliance with the law in the case referred to in the application of the provisions of Chapter 8 of the code of judicial procedure, unless otherwise specified in this law. (30 August 2002/772)
The case can always be dealt with at the hearing when it is alone. (31.1.1995/113)
Organization of the Court, to decide that the promissory note which is the debtor's general right to a place, or, if the debtors seeking the debt arrangement, together with the Court of Justice, that is, it of them someone else's general jurisdiction. The first subparagraph of article 45, paragraph 2, article 45 (a) of subsection 2 of section 48 (2), and in the case referred to in the Organization of the debt, the Court may decide, where the proceedings are pending. (19.12.2014/1123)
The payment programme and on the issue of amending, as well as any other debt arrangement, the Court or Tribunal within the meaning of paragraph 3 or the Court, in answer to the charge of the program for the strengthening of the referral. (30.12.2002/1273) section 49 (a) (19.12.2014/1123) a Court of competent jurisdiction on the matter of the bankruptcy of the debtor, if the bankruptcy petition is pending, the application must initiate the arrangement, or if a bankruptcy filing becomes initiated before the decision on the opening of the debt arrangement is made, the application will be processed in the District Court of bankruptcy, with debt settlement the application is pending or that has dealt with the matter relating to the debt. The District Court, where a bankruptcy filing is made, shall be transferred to the bankruptcy debt settlement or on the District Court on the dispute.
The strengthening of the programme, and to pay the debt arrangement between the time of the bankruptcy of the debtor, to make an application to set the District Court, which has decided to initiate compulsory settlement.
If the debtor is declared bankrupt, or (2) as referred to in sub-section 1, the District Court may refer the case to the District Court, which otherwise has jurisdiction to deal with the debtor's bankruptcy, if it is appropriate. The District Court is at the same time, provide for the insolvency administrator.

section 50 of the application for the application for the debt arrangement scheme shall be drawn up in accordance with the formula set out in the application would otherwise be inadmissible. The application shall be submitted to the clerk of court.
If the debtors seeking the application of the debtor of the debt arrangement, each must reflect why the debt arrangement is applied for one.
(3) repealed by L:lla 19.12.2014/1123.

the annexes to the application of section 51 the application shall be accompanied by the necessary statement of the debtor's ability to pay the debt arrangement of facts and other relevant information. The application may include the debtor's proposal for a payment programme as well as the proposal for a Dr pol SC.
The report, which shall be annexed to the application, the required documents and provides for more detail.

hearing of the application under section 52 of the creditors ' Court may, before it decides on the opening book for one or more of the debt to the creditor within the time limit to rule on the request in writing of the opportunity. The creditor can also be invited to the session.
What provides the guarantee of the debt by the debtor, also applies to the velkojasta, which is asettanutta as well as kanssavelallista of the collateral.
The Court may reject an application without first consulting the creditors, if it is clear that the purpose of the application is delaying the debtor's bankruptcy. (19.12.2014/1123), section 52 (a) (19.12.2014/1123), at the request of the creditors ' consultation on the proposed payment programme where the application includes a proposal for a payment application and subject to article 2, the Court shall: 1) be notified of the application and payment of the program proposal to the creditors;
2) to set the date by which the creditor shall provide the written statement of the debtor's application to the Court and the proposed payment programme as well as any claims liabilities are included in the proposal, that the statements and claims made by the way may be disregarded; and 3) be given the yksityisvelkojalle a statement referred to in article 31 (a) impose a fee for the extension of the duration of the programme.
If the section 38 (a) approvals of pay referred to in the program proposal has been given in writing, and debtor has heard all the creditors, the decision establishing the programme and pay the debt arrangement can be made to creditors without.
The provisions of this article shall also apply to the debtor's debt to guarantor velkojasta, kanssavelallista ‑ proceedings and security.

How to obtain the report of section 53, the Court must, at the request of the creditor is subject, to obtain the necessary evidence, are there any factors that may lead to the rejection of the application on the grounds referred to in article 10. The Court may find an explanation on its own initiative. (24.1.1997/63)
If the report is necessary, the Court may, on its own initiative or at the request of the creditor to ask ulosottomiestä to the debtor for the Enforcement Act, Chapter 3, article 57 to 63 of the ulosottoselvityksen referred to in order to resolve the application or to provide other necessary information. At the same time, the Court may order that a bailiff has the same right as the debtor notwithstanding the provisions on secrecy, to get information about the debtor's bank accounts, transfers, contracts and commitments, as well as to the debtor's assets, the financial position of the debtor, taxation and other aspects. The bailiff may also be referred to as fact. (27.6.2003/691)
UlosottoL 37/1895 Ulosottokaarella 705/2007 is repealed. Ulosottokaari 705/2007 Chapter 3 article 57 to 63.

the opening of the decision under section 54 of the decision to initiate the debt arrangement, arrangement must be made on the basis of a proof of debt presented, if the arrangement is not permissible. The decision, in which debt settlement has been initiated, shall not be subject to appeal. (31.1.1995/113)
Subject to article 5, the Court will be deciding whether to initiate compulsory settlement: (19.12.2014/1123) 1) to set the date by which the payment application shall be submitted to the Court, unless the proposal has not been submitted with the application;
2) to set the date by which the creditors must, in writing, the liquidator or the rest of the payment to the author of the program proposal or to the Court, as the Court of the amount of the debt, the debt covered by the arrangement, if it is different from the debtor a notification of the debtor, by the risk of exceeding the requirement may be the way to leave without taking account of the payment program;
3) installed, unless the liquidator or any order, the date by which the creditor shall provide the written statement of the debtor's application to the Court and the proposed payment programme as well as any claims liabilities are included in the proposal, that the statements and claims made by the way may be disregarded; and 4) provide the administrator, if the article topic is 64.
(31.1.1995/113) In addition, the Court of Justice: 1) shall notify the debtor from any notification obligations arising, as provided for in article 6, paragraph 7, of the myötävaikutusvelvollisuudesta and as provided for in article 12 of the payment provided for in-and vakuudenasettamiskiellosta as well as the provisions on penalties applicable for infringement of the negligence and;
2) announced the start of the debt to the debtor's place of domicile of the debtor's property and the location of the bailiff; and 3) to mark the completion of its adoption or promulgation of the time.
The Court shall, subject to section 66 or, subject to article 52 (a) applied, shall be sent without delay to the creditors and guarantors, as well as his co‑debtors security asettajille and a copy of the decision, on a proposal from the payment of the debtor, at the request of the programme as well as the report referred to in article 31 (a) impose a fee for the extension of the duration of the programme. (19.12.2014/1123)
If the application is attached to the proposal for a decision of the debt payment plan and the opening of the arrangement was not more than six months after the date of payment of the balance of the programme used, the Court set (2) of the number of days referred to in paragraphs 2 and 3, only, if it is necessary to revise the proposed payment programme. (19.12.2014/1123) section 55


The strengthening of the programme, If the transmission of the session before the payment of the creditors ' written statements or the liquidator or the liquidator of the summary of the proposal, included in the payment programme, section 66 of the Declaration referred to in paragraph 4, it is necessary, the Court may order the case to be referred to the hearing. The Court shall inform the date and place of the session to the debtor, the creditors and the insolvency practitioner.

section 56 Debt litigation within a period to be determined by the Court, the creditors may, in writing or orally at the hearing, if any, to submit a payment plan contained in the proposal regarding the allegations. If the liquidator shall draw up a proposal, the argument can also be a debtor. The claims must be presented to the liquidator, which put them in the context of the proposal to the attention of the Court the payment program.

section 57 of the claims processing as referred to in Paragraph 56 of the claims are processed for payment of debt in the context of the arrangement and will be resolved in the program if it required evidence and other considerations, it is possible without the essential for the delay or any other harm to the debt.
If it is not, to be able to deal with and resolve the debt in the context of the arrangement, the Court must show it to the party, which is a fact, the burden of proof, the time limit to complete the case admissible in judicial proceedings or any other proceedings in a different. The programme provides for the taking into account of the payment of a claim under section 28.

58 section, in some cases, The expiry of the suspension and if it is not possible to pay programme according to article 38, the Court confirmed debtor or the liquidator can be booked at the Conference by a date to submit a new proposal. If we are to have to ask the relevant statement by the due date by the new proposal, to the extent the Court considers it necessary in the previous proposal, the importance and issued statements of changes taking into account the scope of the. (24.1.1997/63)
If the debtor before the payment application for the fixing of the program dies, expires.

section 59 of the report of the Court of the obligation for payment of the program shall be provided to the debtor in the Court is the importance of debt and failure to pay penalties to the program, as well as to pay the debtor's attention to the fact that the new debt, which does not require payment, can jeopardise the arrangement.

Article 60 of the Act to set aside debt restructuring, which could back down, if the arrangement should be retrieved at the insistence of the creditor in the bankruptcy, can be set in the context of the same criteria as having handed down the debt the estate law (758/91), and also in accordance with the law, what is called the third station.
By a date, to be considered in the cases referred to in paragraph 1 of the date on which the application was made or the debt arrangement, if at the time of the bankruptcy, the debtor was pending the setting of the application the date on which the application for bankruptcy was made. If the pending bankruptcy, the number of applications was a series on the date, the date on which the application was first initiated.
Withdrawal is, mutatis mutandis, in effect, what the Enforcement Act, Chapter 3, 84, 89 and 90. What of the creditor's action or compensation shall be without prejudice to the provisions of this Act, the use of the applicant's claim. Rem must be brought within a period of six months after the start of the creditor became aware of the arrangement. (27.6.2003/691)
To get that payment to the creditor for recovery can be imposed on the defendant a again, must take account of the proceeding as a liability.
See L comes to the bankrupt estate 758/1991, Chapter 2 and Chapter 4. UlosottoL 37/1895 Ulosottokaarella 705/2007 is repealed. Ulosottokaari 705/2007 Chapter 3, section 84, 89 and 90.

Article 61 payment program had expired and the application for the payment program (24.1.1997/63), the eleventh hour, or for the modification of the application shall be made to the Court in writing. The application shall be made without undue delay following the argument to the attention of the debtor or the creditor has come. An application to amend the payment plan will not be able to do it for the duration of the programme, after the payment is complete. The debtor must pay the application fee for the program during the program to lapse and the creditor's application no later than two years from the time when the obligation has been met, the programme provided for the execution of payment. If the application is based on the Penal Code (39/1889) section 39, Chapter 2 or 3 of the procedure by the debtor, a creditor referred to in the application may, however, be made before the criminal prosecution for the crime has expired. (February 29, 2008/117)
If the debtor applies for the amendment of the payment plan, his proposal for a new programme for the payment thereof shall be annexed to the application. For the interests of the parties concerned, shall be reserved for the opportunity to be heard as a result of the proposal.
On application by the creditor to the debtor and the creditors must be provided for the consultation of the Court of Justice, which considers it necessary, have the opportunity to be heard. If the creditor has applied for payment to the other creditors of the eleventh hour, the programme must be reserved for the opportunity to present their claims, if it is due to be implemented under article 42 of the cause. If the Court is of the opinion that the change in the payment plan is subject, it can set the date by which the debtor must provide the Court with the proposed payment programme. The handling of the proposal is valid, what about the above. (30.12.2002/1273) 61 (a) section (30.12.2002/1273) in the application of the creditor's application For transfer of the debtor's obligation to pay for performance, and to determine which can be explored only after the payment programme has come to an end. The application shall be made without undue delay after the payment of the duration of the programme is finished or when the establishment has become a creditor for more performance information. Your application will not be able to do after the two years have passed since the end of the payment program. Before the application was made to the debtor by the creditor must be submitted in writing to the debtor the opportunity to respond to their demands, and set aside. However, the failure to make a claim of the application, if the Court move could cause the loss of the right of the creditor or, if the other case without any further delay.
The application must be given to the debtor the opportunity to be heard, as well as for the interests of the concerned, the opportunity to pursue their claims.
Additional services can be used to confirm and fix also the debtor's application. The above shall also apply to the debtor, the creditor's application for the application.

62 section (30.12.2002/1273) the costs to be incurred by the participation of the parties concerned in the Matter of the cost of the procedure. The case referred to in subparagraph (1) of section 57 of the claims and if the particular reason is a limitation of the program, the payment and the purpose of the application, for the strengthening of the additional payments shall be governed by analogy to what the costs in a civil case. The liquidator of the debtor's obligation to pay the premium and the cost of the replacement provided for in article 70.

62 (a) in the section (19.12.2014/1123) notifications and method of Payment, the date of the decision shall be notified to the debtor, the creditors, the debtor, the seat of the bailiff for everyone and the liquidator, if one is specified. The notice must indicate whether or not the payment programme proposal changed after the proposal has been submitted to the relevant officials. The Declaration is not, however, need to make the debtor to the creditor, whose claim is a minor and has not submitted a statement of proposed payment programme. The date of issue of the decision to amend the payment programme shall be notified to the debtor and to those creditors, to whom the case has been given an opportunity to be heard. Payment to the debtor, the debtor's lapse of the programme shall be the seat of the bailiff, as well as creditors. The Court of appeal may give notification to the District Court.
The notices referred to in this law and notifications may be submitted by means of an electronic data transfer method or by post with a standard letter, if it has been necessary to provide an acknowledgement of receipt, or against acknowledgement of receipt, or by any other method provided for in civil matters. The process of address of the creditor can be used as an e-mail address or other electronic mail address or e-mail address, to which the creditor has a debt referred to in section 11 (b) sorting out announced to the debtor. Notice of the initiation of the debt arrangement can be made by telephone by bailiff.

section 63 of the Court of appeal decision on the issue of the debt arrangement may be appealed, unless the appeal is denied, or the question is not the solution.
If you completed an application for insolvency, which has been rejected, the appeal was lodged, and the debtor is adjudged bankrupt before the Court of appeal, bankruptcy will lapse, if the debt settlement. If debt settlement is initiated by a decision of the Court of appeal and in this case, the application for the setting up of the debtor in bankruptcy is pending, the application shall lapse when the payment plan to be confirmed. (19.12.2014/1123), Chapter 9, section 64 maintenance support for the provisions relating to the Administration


Debt restructuring may provide the liquidator, the financial position of the debtor in order to determine if it is, the rahaksimuuton property or otherwise, necessary for the accomplishment of the debt facility. If the debtor's application is attached to the proposal for a payment application, the administrator can only be imposed if it is the deviation or ambiguity. The administrator may also be imposed on the security guarantee and responsibility for the arrangement. On the issue of the strengthening of the liquidator, subject to acceptance of supplementary obligations may be imposed if it is the deviation or ambiguity of or for any other special reason necessary. (19.12.2014/1123)
The Court will order the liquidator to initiate compulsory settlement. The liquidator may be ordered, at the time, not just when it is due. The administrator may also be imposed to draw up a proposal for the amendment of the payment plan. (31.1.1995/113)
The decision, which they were appointed, an appeal may not be separately.

65 the eligibility section of the administrator, Dr pol SC shall determine the age and as a well known person, which is not in bankruptcy, which has not been limited and who agrees to the task. The administrator must have the necessary ability, skill and experience for the task. He may not be the debtor or any debts in a proportion which may be liable to endanger his independence in relation to the debtor or his equal half part as against creditors. (as of 1 April 1999/462)
The conditions laid down in paragraph 1 may be imposed, Dr pol SC, a bailiff or assistant bailiff.

the functions of the liquidator, the liquidator 66 section is responsible to draw up a proposal for a programme of payment within the time limit specified by the Court, as well as to perform other tasks as determined by the Court of Justice of the liquidator. In drawing up its proposal for the payment program, the liquidator shall negotiate with the debtor and creditors, and to give them the necessary information from the point of view of the relevant facts, as well as the arrangement of debt be given them an opportunity to comment on the application and proposal. The administrator may ask the debtor and the creditors ' statements and claims made by the due date, failing which, the statements and claims made may be otherwise disregarded. The due date is to be set so, that the matter involved is left a reasonable amount of time for the adoption of the Declaration. The payment programme proposal must be accompanied by a summary of the liquidator of the debtor and the creditors ' proposal on the application and declarations. (31.1.1995/113)
The Court may order the administrator to provide 54 and 55 and 62 (a) the information referred to in subparagraph (1) of the debtor and the creditors. (31.1.1995/113)
The liquidator may be given the task of taking care of the debtor's assets and related measures, and the arrangements for the rahaksimuutosta as well as rahaksimuutosta for the calculation of the accounting of the funds.
If the administrator becomes aware of the fact that the rejection of the application, the liquidator of the debtor may be caused is to be brought to court. If the administrator becomes aware of the grounds referred to in article 60 of the reinstatement, he must inform the creditors. (19.12.2014/1123), section 67 of the administrator rights in order to carry out their duties shall notwithstanding the provisions on secrecy, the same right as the debtor to get information about the debtor's bank accounts, payments, contracts and commitments, as well as to the debtor's assets, the financial position of the debtor, taxation and other aspects.

68 section Control and the application of less coercive measures If the liquidator fails to him according to the law, the duty of this Court of the task, or may order him to carry out its obligation within the time and in the place it was fine.

section 69 of the liquidator's release from his Office, the Court may, on its own initiative or at the request of the debtor, a creditor or the liquidator, as well as having given the opportunity to be heard, if the administrator from his office he essentially free defaulting or release of other weighty reason. The Court may, for good cause, from Office of the administrator, if the administrator release. The Court may order that the decision must comply with the appeal, unless the Court before which the proceedings are pending, the amount that, by reason of an appeal.

70 section (19.12.2014/1123), the liquidator's remuneration and reimbursement shall be deprived of his right to a fair remuneration, as well as to compensation for the costs incurred by him in terms of the necessary for the task. If the practitioner has been public counsel, Office of the State legal aid fee and reimbursement.
The debtor must pay the amount of the claim at issue, which is equivalent to the liquidator of the debtor's payment book up to the strengthening of the programme or after changing the payment for the next four months. This is also the case when the payment obligation for which they were appointed for the purposes of establishing the additional payments, unless the debtor to show that his assets have clearly weakened in the context of the strengthening of the programme or the calculated payment fee. In this case, the debtor shall pay the amount of the claim at issue, an administrator who is responsible for the execution of the payment of the debtor after the adoption of the book in the next four months. If the debtor applies to article 45 (a), the amount of the claim at issue, however, is paid to the liquidator of his, which corresponds to the strengthening of the programme up to the borrower can afford to pay for the next six months or after the amendment. The share of the debtor's payment can be taken also to the debtor after the commencement of the accumulated debt.
The number of the liquidator of the debtor's contribution in excess of the claim at issue imposed by the State. If the application is rejected, the need to provide for full payment of the resources of the State. In this case, be replaced by a State of its assets of the debtor is paid, if the refusal is based on the fact that the debtor has failed to fulfil its obligations related to the procedure. On the issue of supplementary reinforcement can be an application made by the creditor to order to pay must be paid to the State of its assets, if the application is not manifestly unfounded.
If the administrator is assigned to take care of the payment of the premium and the cost of the programme laid down in the rahaksimuutosta, this task shall, however, be the selling price of the property.
If the debtor is declared bankrupt, the payment of the premium referred to in paragraph 2, and the sheer amount of compensation as well as to those funds to settle the payment of the interest shall be paid to the creditors of the Bankruptcy Act, after the claims referred to in paragraph 3 of its best covering claims attaching to the article before this law, 20 (a) and referred to in claims.
More detailed provisions on the liquidator's remuneration and compensation of costs will be provided by the Ministry of Justice.
The amount of the premium and the compensation proceedings before the Court of Justice, shall apply to the accused witness compensation from State resources.

section 71 of the liquidator's liability the administrator is liable for the damage which he has caused to the debtor with an error or failure in the performance of those duties or to the creditor or guarantor or collateral to the drawer.
If the practitioner is a general counsel, responsible for the State and the General Counsel of the damage as the damages Act (412/1974) provided for in chapters 3 and 4. (4.8.2000/714) Chapter 10, the security guarantee and responsibility for the arrangement without the debt arrangement under section 72, if the individual is otherwise the guarantee responsibility of the organisation as a business or an undertaking given to the guarantee of deemed debt and he has become the basis of maksuvelvolliseksi and he is unable to pay the debt immediately, without the need for responsible ownership should be changed into cash reasonable apartment or other property which belongs to the perusturvaansa, can be a boost to him, upon his application, under section 75 debt in accordance with the payment plan. The strengthening of the programme shall be subject to payment of that debt comes with a whole complete the 75 of the laskettuine, together with interest and the program will not endanger the fulfilment of the undertakings given by the guarantor of the other.
The guarantee responsibility of the arrangement may not be granted without the particularly important reasons: 1) the guarantor shall have been convicted of the criminal code, chapter 39, section 1 to 3 or 6 of the debtor referred to in the offence or is wanted or suspected of such an offence;
2) are conducting business or conducting business on the imposition or the preliminary investigation is pending;
3) he has failed to tietojenantovelvollisuutensa provided for in article 74; or 4) is reasonable, that he had to comply with the payment program.
The provisions of this chapter with respect to the guarantor, shall apply by analogy to the role of the kanssavelalliseen, the following shall be treated as a guarantor and with the payment of the required fee is the amount of the whole of the debt.

Article 73 Security responsibility for the arrangement If the individual is otherwise than in the course of business or to the indigenous ownership of the apartment as guarantee corresponding to the given reasonable needs another debt and the debt is due and non-perusturvaansa security asettajalla no other of his property, which he could change without delay for the payment of the debt, cash can be him, upon his application, be under the same conditions as provided for in article 72 to fix the fee required in accordance with section 75 of the program for the portion of the amount of the debt at the beginning of the arrangement, the value of the collateral to cover.

If the fee referred to in this chapter shall be fixed to the drawer of the security program, not the amounts secured by way of the request of the creditor in the ownership of an apartment may be converted into cash, subject to section 42 to the fault of the other. Fixing the payment plan in spite of the security right remains a creditor until the collateral the issuer has complied with the obligation set out in this law, or the creditor has received full payment of the debt, to the extent that the ownership of the apartment is secured.

Article 74 of the guarantor and the guarantor of the obligations to disclose information and the security of the collateral the issuer the referral is required to provide to the Court and the creditor with all the necessary information to guarantee or guarantee in respect of the responsibility for the organisation of the relevant facts.

section 75 of the guarantee or surety on liability for the payment of the guarantor or guarantee the content of the Payment program that basic protection of the assets of the setter, as well as other than 5 payment referred to in article 72 or 73 thieves must show the article to complete that portion of the debt, which is not needed for other commitments, so that the interest rate on the debt after the start of the arrangement, including the laskettuine Act (633/82) the first subparagraph of article 3(2) of the mukaisine, together with interest will have been made for a period not exceeding five years, or for the remainder of the original debt, credit, if the time is longer than this, during that time.
If the debtor has been informed that the debt guarantee for the security of or set, this law or the company's reorganization in accordance with the Act on the payment of the fee required in accordance with this article, the program, the program for the debt, which is the basis of the payment plan established for the performance of the debtor for kerry.
The guarantor or collateral setter shall be drawn up in the proposal for a fee.
The payment referred to in this article is, mutatis mutandis, in effect, what the 36, 38, 40, 41, 42, 43 and 44. The Court may order that the guarantee responsibility of the arrangement shall be granted only on condition that the guarantor to grant a security right on the basic of the property takausvelkojalle. Guarantee the payment of the debt obligation in the programme may be implemented as performance binding. If the issuer fails to pay on the guarantee of performance of the obligation secured, you can use the section 13 1 of the rights referred to in paragraph 1.

76 guarantee or guarantee in respect of the responsibility for the organisation of section taking up the legal effects of the decision to initiate the security responsibility or guarantee arrangement has been made, the amounts secured by way of the guarantor or property not be allowed on the basis of this responsibility to the address referred to in article 13 and 17 of the collection and of the measures covered by the ulosmittauskiellon. The guarantor or surety at the insistence of a ban may be imposed to force the referral as a temporary, even before the start of the arrangement. May be issued without consulting the creditor, if the urgency of the matter so requires.
The period after the start of the arrangement, the guarantor shall not be required to pay and the value of the security to be able to charge more than interest rates in accordance with the first subparagraph of article 3(2) of the interest rate.
If the guarantee or surety for the debt arrangement, the application shall be refused in respect of the legal effects of the termination of the arrangement, shall, where relevant, valid, what provides in article 22.

Article 77 the procedure before the Court, the Security Guarantee or responsibility on the procedure for the organisation of the Court of Justice shall, mutatis mutandis, in effect, what the debt on the processing of the application provided for in Chapter 8. If the debt guarantee or guarantee in respect of the commitment has been set in accordance with this law, has applied for a debt restructuring of the company in accordance with the law on the organisation or a restructuring procedure, the application shall be made to the Court, where an application for the debtor are pending.
Chapter 11 miscellaneous provisions article 78 the role of the Organization of the body governed by public law, the claim of the creditor body governed by public law, the holder of the right, without prejudice to the law of insolvency within the meaning of this Act or to agree to a voluntary debt restructuring, which conform to the principles laid down in this law. Consent to the authority, which has the power to claim the inheritance. The same applies by analogy to julkisyhteisöä, which is governed by private law to the debtor.

section 79 of the limitation period and the recovery period the ratio of debt restructuring (15.8.2003/745) a period of Limitation and the action programme and its impact on the breakdown of the payment in the claim is valid, what debt limitation Act (763/2003) provides in article 11 and 17. (15.8.2003/745)
If the creditor has the right to the pain of losing to be recovered must be within the period prescribed by the law and the law on liability apply to the obsolescence of the debt, this time up to wear on the compulsory settlement or temporary ban referred to in article 21, has begun to obtain payment under the programme shall not prevent the payment. If the implementation of this law, based on the recovery or the ban expired without a strengthening of the payment plan or scheme does not proceed to judgment, the time limit referred to in this paragraph for the calculation does not take account of the calendar year in which the recovery or enforcement of the ban began, and the end of the calendar year after the date from which the ban on the program of payment as specified above, to be stopped or fell. (15.8.2003/745)
If the creditor is a legal privilege in order to maintain, within the period laid down, priority shall be sought where annex to give effect to paragraph 1 above shall apply by analogy in respect of the right to payment.
If the implementation of this law, based on the recovery or the ban expired without a strengthening of the payment plan or scheme does not proceed to judgment, the time limit referred to in paragraph 3, the calculation does not take into account the implementation of the ban and the start of the period between the expiry of the discontinuance or settlement. If ulosottoperintä is interrupted by this statutory prohibition or because of the implementation of the programme, mentioned in the time left, respectively, without taking into account the preservation of privilege.

Article 79 (a) the limitation period (15.8.2003/745) and collections of the time relationship between the voluntary debt restructuring If an agreement can be reached with a voluntary organisation of the debtor's debt, which conform to the principles laid down in this Act, the creditor shall be referred to in article 79 of the ages up to wear without prejudice to the right to receive payment of the debt in accordance with the terms of the arrangement. If the issue is referred to in article 79 (2) of the claim, the creditor has the right to the pain of losing to be recovered in accordance with the terms of the claim no later than the end of the period for payment of debt arrangement for the next calendar year, by the end of the initial period of the levying, subject to end it at a later date. Otherwise, the application of the limitation period shall be considered as a broken, or when the time limit for payment of the debt in accordance with the terms of the arrangement has ended.

section 80 of the Secrecy of the debtor, Creditor or the liquidator, shall not, without the consent of the free, or use the private advantage of the financial position of the debtor, or any personal information relating to the conditions in which he has become aware in connection with or in connection with the arrangement of debt, where the debtor has clarified the chances of reconciliation. The provision does not prevent a creditor from negotiating with other creditors of the insolvency-related issues and is without prejudice to the measures to recover the debt, the creditor if the debt settlement is rejected or the program will expire.
What provides, also applies to a person who has participated in the Conference, the purpose of which is to bring about an amicable settlement of the debtor have been economic in order to remedy the situation without debt.

Article 81 the documents for research purposes, If in the relevant documents referred to in the law is the Act on the openness of the proceedings (945/1984) or the openness of the proceedings in the ordinary courts Act (370/2007) under the specified confidential, the Court in which the case has been pending, may without prejudice to authorise the data of such a document for the purposes of scientific research, if it is obvious that the information infringes on the interests of the protection of salassapitomääräys is given. (as at 30 March 2007/377)
For anyone who has received confidential information pursuant to this section, has the same confidentiality as the point person involved.
(L) the trial publicity 945/1984 repealed the repeal of the Act on the openness of the trial L:lla 371/2007.

Article 82 (21.4.1995/627), the penalty for breach of professional secrecy, the penalty under section 80 and 81 of professional secrecy laid down in article 38 of the Penal Code condemns the violation of Chapter 1 or 2, according to the article, subject to a heavier penalty provided for by law for an act elsewhere.

liability for the violation of professional secrecy, article 83, which intentionally or recklessly violating the section 80 or 81 of professional secrecy laid down in paragraph 2 of the article, is obliged to compensate the debtor because of this injury.

84 section (24.1.1997/63) of the creditor's right to receive Payment of certain data which are the basis of the programme, the creditor shall be entitled to the tax authority of the settlement notwithstanding the provisions on secrecy, to the necessary information relating to the taxation of the debtor, as well as information on the labour authority, whether the debtor is registered with the employment office, whether it is him being offered a job, and if he refused to work.
The bailiff may, if there is a particular reason for this, the creditor's claim to payment during the period of the programme, in accordance with the debtor's financial position, where applicable, to determine what enforcement Act, Chapter 3.
UlosottoL 37/1895 Ulosottokaarella 705/2007 is repealed.

85 section


Failure to change the contractual arrangement and What 42 provides the conditions for and the effects of the expiry of the payment plan, applies, mutatis mutandis, to the dismantling of a voluntary arrangement, which conform to the principles laid down in this law. The agreement, according to which the debtor's negligence penalties or voluntary arrangement for the debtor, the effects of annulling or would be more stringent than under article 42, shall be null and void. The same applies to the agreement on the organisation of the liability of the guarantee, respectively. (February 29, 2008/117)
If this Act has been agreed between the debtor and creditor referred to in debt arrangements and there is no change in the debtor's or creditor's, provided the requirement of the agreement may be amended at a comparable basis as the payment program can be from 1 to 3 of section 44 of the change. Unless otherwise agreed by the parties to reach an agreement within two months of the change, when the change to the attention of the other party to the claim may have been, they have been applied for modification of the contract of the Parties shall be entitled to an appeal to the Court of Justice of the decision amending the agreement required. (24.1.1997/63), section 86 (4.8.2000/714), section 86 is repealed L:lla 4.8.2000/714.

87 section debt settlement registry of legal Register Centre keeps a register of individuals on matters of insolvency. (21 May 1999/648)
Everyone has the right of access to information in the register.
Debt settlement from the registry deleted information should be kept secret. The data may, however, give to the Court under the conditions for the granting of compulsory settlement. (21 May 1999/648) 87 (a) section (05/14/2010/385) the obligation of the Court the Court shall notify the registry for debt settlement debt settlement for the solution to the information in the registry in case the right of Centre.
The obligation of the Court to make an announcement by the national information system for the administration of Justice, the solution to your solution, and, if necessary, the decision of the Ministry of Justice, the regulation provides for the notification system. The entry of the administration of Justice, shall apply to the adoption of a national information system (371/2010) and under it.
When to apply article 45 (a), the Court shall, without delay, inform the Board of patents and registration in the commercial register for entry in the temporary ban referred to in article 21, and the strengthening of the programme, as well as the initiation of debt payment and the end of the procedure for any other reason. The notification to the Ministry of Justice, the regulation provides more precise provisions. (19.12.2014/1123), section 87 (b) (19.12.2014/1123) Entry in the trade register on business debts if the corporations or the self-employed person is registered in the commercial register, the National Board of patents and registration is 87 (a), on the basis of the notification provided for in article shall, without delay, submit to the commercial register entry on the imposition of a temporary ban on the opening of the facility, as well as payment of the debt, and the strengthening of the programme and of the end of the procedure for any other reason. The entry is to occur, the Court has taken the decision, as well as the date on which the decision was made.

the provisions of article 88 of this law detailed rules on the implementation of the Specific arrangements and debt issues to be held in the registry shall be established by regulation.
the provisions of section 89 of the entry into force of Chapter 12 of the date of entry into force of this law shall enter into force on 8 February 1993.
Measures for the implementation of the law may be taken prior to the entry into force of the law.
Before the entry into force of this law have arisen with regard to the guarantee of the debt cannot be reduced after the adoption of the programme at the time of the payment of the debt on the credit credit costs to the extent that the value of the collateral at the beginning of the arrangement should be sufficient to cover the debt-to-equity debt, as well as the total amount of the present value of the credit costs.
THEY LaVM 14/183/92, 92 acts entry into force and application in time: 31.1.1995/113: this law shall enter into force on 15 February 1995.
THEY LaVM 250/94, 20/94 21.4.1995/6: this law shall enter into force on 1 September 1995.
THEY'RE 94/93, SuVM LaVM 22/94, 10/94 24.1.1997/63: this law shall enter into force on 1 February 1997.
Section 9 (a) of this law and article 10, paragraphs 1 to 4 shall not apply, however, if the application has been submitted on 11 October 1996 or earlier. In this case, however, shall apply to an individual's debt at the date of entry into force of this law, the law on the organisation of the force that was in the 30 's. This section of law 70 shall not apply if the payment program, the proposal has been submitted to the entry into force of the laws involved before.
The provisions of this Act shall apply to the payment program and the lapse if payment or lapse of the modification of the programme is pending in the District Court, upon the entry into force of this law, and not to the date of the decision, not reported, or if the case will be brought before the entry into force of this law. The Court of appeal at the time of entry into force of this law shall apply to the provisions in force at the amendment of the limitation on the payment plan, which is before the entry into force of this law been resolved in the lower courts and in fact, to the District Court, if the case is an appeal court reversed the District Court.
If the program is adopted before the entry into force of this law, the obligation of payment by the debtor, section 40 of this law in force provides for the implementation of the implementation of the programme and payment and what article 42 – provides.
This section of the Act does not apply if the decision to initiate compulsory settlement is concluded before the entry into force of the law.
This law is the provision in the first subparagraph of article 61 of the time of filing an application for a payment plan, or a levy does not apply if the payment programme has come to an end before the entry into force of the law.
43 (a) of this law shall not apply, if the debtor has died before the entry into force of the law.
THEY are 180/1996, LaVM/1996, 19 EV 236/1996 6.2.1998/110: this law shall enter into force on 1 June 1998.
THEY 132/1997, LaVM 17/1997, EV 231/97 of 1 April 1999/462: this law shall enter into force on 1 December 1999.
THEY 146/1998, LaVM 20/1998, 21 May 1999, 234/1998/648 EV: this law shall enter into force on 1 December 1999.
THEY'RE 30/1998 31/1998, EV, HaVM 303/1998 4.8.2000/714: this law shall enter into force on 1 September 2000.
This Act, section 62 (2) of the kumottavassa compensation will be paid before 1 January 2001, the city took down the debt.
THEY'RE 37/2000, 16/2000, TaVM EV 92/2000 of 30 August 2002/772: this law shall enter into force on 1 January 2003.
The case, which has been initiated before the entry into force of this law, in accordance with the Court at the time of entry into force of this law, the provisions in force.
THEY'RE 32/2001, LaVM 12/2002, 1292/2002 30.12.2002/EV 97:1. This law shall enter into force on 1 January 2003.
2. This law shall apply where an application or other debts debt settlement is pending in the District Court, upon the entry into force of this law, and not to the date of the decision, or if the case will be brought before the law came into force. If in such a case, it is required the proceedings pending the amendment of the payment plan or limitation, on the date of entry into force of this law shall apply the procedure for the provisions in force, but additional services may be imposed and payable on the sellaisellekin the creditor that is not provided by the claim. The Court of appeal at the time of entry into force of this law shall apply to the provisions in force, if such a thing is, prior to the entry into force of this law been resolved in the lower courts and in fact, to the District Court, if the case is an appeal court reversed the District Court. However, this law shall apply to the return issue, article 10 (a).
3. the provisions of this section 4 of the Act applies if the payment at the time of entry into force of this Act, the program has been established in accordance with the provisions in force, and the debtor's payment will be recalculated when you change the payment program after the entry into force of this law.
4. the provisions of this section 7 shall apply, if the program is adopted before the entry into force of this law and its duration is not before the entry into force of this law expired. This section 7 of the law does not apply if, before the entry into force of this law established the obligation of the payment program is not included in the extra performance. In this case, at the time of entry into force of this law shall apply to the section 7 of the force.
5. If the debtor is a payment program established at the date of entry into force of this Act for the performance obligation, pursuant to the provisions in force, the supplementary performance shall be valid after the entry into force of this Act in respect of lump-sum payments from the rest, and as from 1 January 2003, 35 (a) of this law. Non-recurring transactions in the calculation of the additional duty, based on the performance of the supply, must also be taken into account that the debtor has been given before the entry into force of this law, but that does not pay according to the programme, had not yet credited to the creditors. The above payment for performance laid down in the programme, shall apply by analogy, if the debtor and creditor debt arrangements between an individual under section 85 of the Act on the contract referred to in this law, in accordance with the provisions in force at the time of entry into force of the additional performance.
6. Article 41 of the law shall be applied, even if the payment programme has been established before the entry into force of this law.

7. in the absence of the debtor before 1 February 1997, the performance of the obligation to pay as established in the regulations and included in the debtor's ability to pay substantially better, the payment program can be changed at the time of entry into force of this law, in force in accordance with the provisions of article 44 and the debtor can be prescribed in section 35 of this Act (a) for additional performance.
8. the provisions of this law, section 4 of the Competition Act, as well as 49 61 (a) and article 62 shall apply, if the debtor prior to the entry into force of this law by the additional fee set out in the programme is the performance obligation. If a creditor requires the determination of the amount of the additional payment, prior to the entry into force of the laws of the debtor's request to reduce the accumulated additional contributions can be made on the basis of the facts, on the basis of the payment to this law under section 44 to change. If the program is ended before the entry into force of this law, the creditor may under section 61 (a) Notwithstanding the time limit laid down in paragraph 1, require further strengthening of the execution of the entry into force of this law within two years.
9. Where the debtor and the creditor are made prior to the entry into force of this law the law on organisation of the debts referred to in article 85, the Treaty has already been addressed under the agreement and the debtor of the debtor's ability to pay, may be due to the change in the payment programme of healing instead of to impose this law according to article 35 (a) for the performance obligation. The procedure is valid, that article 85.
THEY LaVM 98/2002, 20/2002, EV 194/2002 27.6.2003/691: this law shall enter into force on 1 March 2004.
THEY 216/2001, LaVM 34/2002 RSV 305/2002 15.8.2003/745: this law shall enter into force on 1 January 2004.
THEY'RE 187/2002, 28/2002, TaVM EV 281/2002 8 December 2006/1088: this law shall enter into force on 1 January 2007.
If the debtor has been confirmed at the time of entry into force of this Act for the performance obligation, pursuant to the provisions in force, the supplementary performance shall be valid with effect from 1 January 2006, article 35 (a) of this law provides. The above payment for performance laid down in the programme, shall apply by analogy to the relationship between debtor and creditor, if the law of the agreement referred to in section 85 is agreed at the time of entry into force of this law, in accordance with the provisions in force for performance.
Section 43 (a) of this law shall apply, if the debtor dies after the entry into force of this law.
THEY LaVM 30/06, 13/06/2006 as at 30 March 2007, EV 146/377: this law shall enter into force on 1 October 2007.
THEY LaVM 24/13/2006, 2006, EV 269/2006 on February 29, 2008/1: this law shall enter into force on 1 March 2008.
If debt settlement is based on prior to the entry into force of this law established the right of the creditor to receive payment in the payment programme, so far, in accordance with the payment plan will not prevent it, that debt would otherwise become outdated a natural person who, under section 27, Chapter 2. The creditor is accordingly entitled to prior to the entry into force of this law, in accordance with the payment plan established for payment even when the limitation period applies to the kind of debt, of which the debtor or his property as security, the guarantee of its immovable property, or any other reason for the match. The provisions of this subsection shall also apply where a payment plan before the proposal has been submitted to the entry into force of the laws involved.
What 2 States, also applies to the entry into force of the laws of the kind before the agreed content of the voluntary arrangement, which corresponds to the principles laid down in the law on the organisation of the debts.
What this section of law 42 shall also apply where the debtor's payment plan concerning the matter is pending before the Court upon the entry into force of the law.
What Article 85 (1) shall also apply to the entry into force of the law before the voluntary arrangement on the conditions and effects of the landing.
THEY LaVM 178/2007, 2/2008, EV 2/2008 22 December 2009/1612: this law shall enter into force on 1 July 2010.
THEY YmVM 10/24/2009, 2009, EV 206/2009 05/14/2010/385: this law shall enter into force on 1 December 2010.
THEY'RE 102/2009, LaVM 2/2010, EV 21/2010 24.6.2010/632: this law shall enter into force on 1 August 2010.
Before the entry into force of this law, the payment of the payment established in the programmes and programmes in respect of which a proposal has been submitted to the payment programme involved prior to the entry into force of this law, shall be applied upon the entry into force of this law, the provisions in force.
THEY'RE 52/2010 2010-11, LaVM, EV 98/2010 19.12.2014/1123: this law shall enter into force on 1 January 2015.
Section 9 (a) of this law, section 10 (2), (3), (7), (8) and (11), as well as of article 10 (a) applies, if the debt arrangement scheme of the application or any other debt is pending in the District Court, upon the entry into force of this law, and not to the date of the decision, or if the case will be brought before the law came into force. The Court of appeal at the time of entry into force of this law shall apply to the provisions in force, if such a thing is, prior to the entry into force of this law been resolved in the lower courts and in fact, to the District Court, if the case is an appeal court reversed the District Court.
20 (a) of the Act and subsection 5 of article 70 is applied, if debt settlement is initiated after the entry into force of this law.
This section of the Act, section 32, subsection 2, paragraph 2, article 49 (a), section 52, 52 (a) of article 54 (2) of the introduction to the song, as well as 4 and 5, article 62 (a) and section 64 applies, if the debt issue will be brought before the District Court since the entry into force of this law.
If the debtor has been confirmed at the time of entry into force of this Act for the performance obligation, pursuant to the provisions in force, for the obligation of performance shall apply with effect from 1 January 2015, section 35 of this Act (a) 3 and 5.
This article 41 of the law shall be applied, even if the payment programme has been established before the entry into force of this law.
THEY LaVM 12/83/2014, 2014, EV 156/2014