KKO 1219/1996
AI generated
Supreme Court dismisses debt arrangement application where debtor failed to prove insolvency under VJL 10 § 8.
Finland (FI)
Legislator summary
AI generatedThe Supreme Court dismissed the applicant's request for a debt arrangement, ruling that the statutory prerequisites were not met. The applicant argued for relief based on financial difficulties, but the court found no evidence of the insolvency required by law. Consequently, the application was rejected because the debtor could not substantiate the legal conditions for such a measure.
Legislator headnote
AI generatedVJL 10 § 8; A debt arrangement application is dismissed when the applicant fails to prove the statutory requirement of insolvency.
Keywords
AI generated
debt arrangement application
insolvency requirement
VJL 10 section 8
financial hardship
Supreme Court ruling
Cited Legislation
AI generatedVJL 10 § 8
Related Decisions
AI generatedkko-other_1999_3592
Supreme Court dismisses appeal regarding debt restructuring eligibility under Finnish personal debt restructuring law.
kko-precedent_1997_100
Supreme Court allows debt restructuring despite past loan misrepresentations due to lack of intentional fraud and sudden income drop.
kko-precedent_2014_52
Supreme Court allows debt restructuring despite debt accumulation barrier due to significant hardship and lack of fault.
kko-precedent_2012_42
Supreme Court dismisses debt restructuring due to criminal debt and failure to repay despite income.
kko-other_2004_1493
Supreme Court dismisses appeal regarding debt restructuring obstacles and special exemption under Finnish Debt Restructuring Act.
Full text
Kysymys velkajärjestelyn myöntämisen edellytyksistä.
VJL 10 § 8 kohta