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Part 9 · Discharge of residual debt › Section 295a

Debtor’s obligations in case of self-employment

(1) Debtors who are self-employed are obliged to satisfy the insolvency creditors by making payments to the trustee as if they were in appropriate employment. These payments are to be made each calendar year by 31 January of the following year.

(2) At the debtor’s request, the court determines the amount which corresponds to the income from that employment which is to be used as the basis in accordance with subsection (1). The debtor is required to prove to the satisfaction of the court the amount of the income which could be generated by being in appropriate employment. The trustee and the insolvency creditors are to be heard before a decision is given. An immediate appeal against the decision is available to the debtor and each insolvency creditor.

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