The asset inventory used in Russian personal bankruptcy is a mandatory document in a prescribed form. An individual attaches it to their own bankruptcy petition or supplies it with the response when a creditor or authorised public body commenced the case. The inventory identifies assets, their location or place of storage, the type of ownership, security interests and the secured creditor. The document should not simply be omitted because a particular asset category is empty.
When an individual must provide the inventory
Russian law uses the same type of inventory in two principal procedural settings. The filing date and the surrounding document package differ.
| Setting | When the inventory is filed | Legal basis |
|---|---|---|
| The individual files their own bankruptcy petition | With the petition and the other statutory attachments | Article 213.4(3) of Federal Law No. 127-FZ |
| A creditor or authorised public body filed the petition | With the individual debtor’s response to the accepted petition | Article 213.5(6) and Article 47 |
| A bankruptcy procedure has already commenced | The individual continues supplying records requested lawfully by the financial administrator | Later verification does not replace the initial inventory |
The overall self-filing process appears in the step-by-step guide to Russian personal bankruptcy. Where a creditor filed first, consult the separate guide to the individual debtor’s response and ten-day period.
The debtor’s inventory is not the administrator’s later verification
Individual debtor’s inventory
The individual completes the prescribed form and includes it in a procedural filing package.
Administrator’s verification
After a procedure begins, the financial administrator makes enquiries and compares registers, documents and transaction records.
Bankruptcy estate
The assets ultimately available for realisation are determined during the procedure under statutory exemptions and court rulings.
Listing an asset does not establish that it must be sold. Equally, a possible exemption is not a reason to conceal it. The later review is explained in how a Russian financial administrator examines the debtor.
Which form should be used
Russian Ministry of Economic Development Order No. 530 of 5 August 2015 approves the inventory in Annex 2. The order was registered by the Ministry of Justice under No. 38699. A filer should obtain the current form from a reliable legal or official source rather than reuse an unidentified template.
What to prepare before completing the form
- Create a control list. Check real estate, vehicles, accounts, cash, company interests, shares, other securities and valuable property.
- Verify the legal interest. Distinguish sole, fractional and joint ownership; do not describe a joint asset as solely owned.
- Identify the location or storage place. This may need a separate factual description where an asset has no obvious registered address.
- Check security interests. For secured property, identify the secured creditor and reconcile the entry with the agreement or register.
- Collect supporting records. Register extracts, certificates, agreements, vehicle papers and banking records should agree with the inventory.
- Separate current assets from prior transactions. Property already sold is not described as presently owned, but transaction records may be separate statutory attachments.
The six sections of the prescribed inventory
| Section | Subject | Points to verify |
|---|---|---|
| I. Real estate | Real property and the individual’s legal interest | Address, identifying information, type of ownership, location and encumbrances |
| II. Movable property | Vehicles and the other categories specified in the form | Registration data, basis of title, storage location and security interests |
| III. Accounts with banks and other credit institutions | Accounts and the information requested in the form | Institution, details, currency and current accuracy; separate certificates and statements may also be required |
| IV. Shares and other participation in commercial organisations | Equity interests and shares | Entity, size of interest and supporting records |
| V. Other securities | Securities not recorded as shares | Type, quantity and the nominal or other information requested by the form |
| VI. Cash and other valuable property | Cash and property falling within this section | Description, amount or characteristics, location and evidence |
The form begins with identifying information about the individual. Personal data belong in the filing made to the court, not in public comments, open messaging channels or publicly shared examples.
How to describe real estate
Reconcile the inventory with a current property-register extract and the underlying title records. The description should identify the property unambiguously. Sole ownership, a fractional interest and joint property are legally different. A mortgage or other security interest and the secured creditor must be disclosed separately.
A sole residence is also listed. A possible enforcement exemption is determined separately and does not make the property invisible to the court or the administrator.
Vehicles and other movable property
Vehicle information should agree with registration papers. Ownership must be distinguished from use under a power of attorney, lease or another arrangement. Using someone else’s vehicle does not itself transfer title, but a potentially confusing arrangement should be explained and evidenced.
If a vehicle was sold before filing, check whether the registration was updated and whether transaction records for the statutory look-back period must be attached. Registry data and actual delivery can diverge.
Accounts, cash, securities and company interests
The bank-account section does not replace the separate certificates and statements required by bankruptcy law. Reconcile the account list with records from every relevant institution, including historical information required for the statutory period. Cash is recorded separately from funds held in an account.
Company interests, shares and other securities belong in their respective sections. If the classification of a digital or unusual asset is uncertain, disclosure with an explanation is safer than an unsupported assumption that it is not property.
Joint, fractional and secured property
For fractional ownership, state the individual’s interest. For marital property, examine the acquisition date and basis, any marital agreement, division agreement or judgment. Do not automatically describe the entire joint asset as the debtor’s sole property, and do not omit it merely because registration stands in the other spouse’s name.
A security interest does not remove the disclosure obligation. The secured creditor is identified in the inventory and the encumbrance is supported by documents. The treatment of the secured asset is determined later under the applicable bankruptcy rules.
What to do where no assets exist
A no-asset situation does not remove the inventory from a statutory filing package. Complete the individual’s details and indicate consistently that the relevant asset categories are absent, so the document cannot be mistaken for an unfinished draft. Ambiguous blank fields should be avoided.
Property that was sold, lost or disputed
The inventory records property held when the document is prepared. A prior disposition belongs in the separate transaction evidence required by law; it should not be disguised as a present asset. If the register still identifies the individual as owner but the individual considers the right terminated, state the factual issue and attach evidence instead of informally rewriting the register.
A disputed right, a claim against another person or an incomplete registration may require separate legal classification. The choice should not be reduced to listing or concealing the item according to the hoped-for bankruptcy outcome.
Documents to reconcile with the inventory
| Category | Examples of evidence | Control question |
|---|---|---|
| Real estate | Register extracts, agreements and judgments | Do the property, legal interest and encumbrance match? |
| Vehicles | Registration papers and acquisition or disposal agreements | Do owner, identifiers and current status match? |
| Accounts and money | Bank certificates, statements and records for electronic or digital funds | Is an account or balance missing from the package? |
| Company interests and securities | Register, company or registrar records | Are the type and extent of the interest correct? |
| Security interests | Agreement, register entry and creditor certificate | Is the correct secured creditor identified? |
| Marital property regime | Civil-status records, marital agreement, division agreement or judgment | Have sole, fractional and joint ownership been distinguished? |
The required evidence depends on the facts. This table is a reconciliation aid, not a substitute for Article 213.4, Article 213.5 or the court’s directions.
Correcting an error before or after filing
Before filing, produce a clean corrected form and compare it with every attachment. If an error is discovered later, do not conceal it. Prepare a corrected inventory and an explanation of the discrepancy, file them through an appropriate procedural channel and serve the participants where required.
No correction can be promised to eliminate every consequence automatically. The court considers the nature of the error, how promptly it was corrected, the completeness of disclosure and the wider circumstances.
Procedural consequences of an incomplete inventory
Paragraph 12 of Russian Supreme Court Plenum Resolution No. 45 draws an important distinction. If an individual exercises the right to file under Article 213.4(2), missing mandatory documents lead to the petition being left without progress and, if the defect is not cured, returned. If the individual files under the statutory duty in Article 213.4(1), the court accepts the petition and requests missing records while preparing the case.
Where a creditor or authorised public body filed the petition, the individual supplies the records with the response. Failure to provide them, or inaccurate or incomplete information, may be considered when the court decides discharge under Article 213.28(4). This calls for a judicial assessment; it is not an automatic refusal of discharge.
Step-by-step inventory review
- Identify whether the filing is the individual’s petition or a response to another applicant.
- Obtain the current Annex 2 form approved by Order No. 530.
- Complete the identifying information accurately.
- Review all six sections, including categories in which no assets exist.
- Match each asset, legal interest, security and storage location to the evidence.
- Separate current ownership from disposed property and prior transactions.
- Reconcile the inventory with certificates, statements and other attachments.
- Explain disputed or unusual positions in a separate attachment.
- Keep the signed version and evidence of filing or service.
Common mistakes
- submitting an informal list instead of the prescribed form;
- omitting the inventory because the individual believes no assets exist;
- listing real estate and a vehicle but overlooking accounts, interests, securities or cash;
- failing to disclose fractional or joint ownership or a security interest;
- mixing currently owned property with assets disposed of previously;
- leaving sections ambiguously blank;
- providing an inventory that contradicts register extracts or title documents;
- publishing a completed example containing passport, bank-account or address data.
Frequently asked questions
Is an inventory required if I own no assets?
Yes, where it forms part of the statutory package under Article 213.4 or 213.5. The form should indicate consistently that the relevant categories are absent rather than appear accidentally incomplete.
May I prepare an informal asset list?
Russian law requires the regulator’s form approved by Order No. 530. A supplementary explanation may be useful but does not replace Annex 2.
Must a sole residence be listed?
Yes. A possible enforcement exemption is considered separately and does not remove the disclosure requirement.
Should my spouse’s property be included?
The debtor’s own interest and the marital property regime must be described accurately. Another person’s property cannot automatically be attributed to the debtor, but registration solely in the spouse’s name does not always exclude joint ownership.
Must closed bank accounts be disclosed?
The inventory and separate banking records perform different functions. Check the current statutory look-back rules and the court’s directions; closing an account does not permit required account history to be concealed.
What if I discover an error after filing?
Prepare a corrected inventory and an explanation promptly, then submit them by the proper procedural route. The court determines the effect of timing, completeness and good faith.
Primary and official sources
- Federal Law No. 127-FZ, Article 213.4 — inventory with the individual’s petition;
- Federal Law No. 127-FZ, Article 213.5 — inventory with the response;
- Federal Law No. 127-FZ, Article 213.28 — incomplete or inaccurate disclosure and discharge;
- Annex 2 to Order No. 530 — the prescribed inventory form;
- Order No. 530 on an official Russian commercial court website;
- Russian Supreme Court Plenum Resolution No. 45 — paragraph 12 on filing defects and disclosure.
Related guidance
- Russian personal bankruptcy step by step;
- individual debtor response to a creditor’s petition;
- how the financial administrator examines a debtor;
- Russian personal bankruptcy assistance.
Review the inventory and filing package
An initial consultation can compare the form with registers and supporting records, separate current property from prior transactions and identify discrepancies that should be explained before filing.
Request an initial consultationThis material is general information about Russian law. The required evidence and procedural steps depend on the filing basis, the facts, the court’s directions and the law in force.