Foreclosure on the sole residential premises of an insolvent debtor: problems and prospects

Abstract

The article analyzes the grounds and procedure for foreclosing on the sole residential premises of an insolvent debtor when refusing executive immunity in the procedure for the sale of a citizen’s property. The conclusion about chicane as the basis for foreclosure is formulated. The procedure for the sale of a single home is investigated. The criteria for choosing replacement housing are indicated. Based on sociological research, an overview of current options for overcoming regulatory gaps on the issue under consideration is given.