A co-author of the Czech Insolvency Act of 2006 has warned that a proposed
amendment to the law would “unintentionally” give debt relief to
hundreds of thousands of people. Tomáš Richter, a renowned expert on both
Czech and European insolvency law, said in an interview that lax rules set
out in the current amendment could potentially mean adding another
600,000-700,000 to the list of people qualifying for debt relief.