חוק חדלות פירעון ושיקום כלכלי (תיקון מס' 4 - הוראת שעה - נגיף הקורונה החדש) (תיקון מס' 3), התשפ"ה-2025

Government bill · Published 7 May 2025

1Tabled
2Reading 14 Dec 2024
3Committee
4Readings 2-36 May 2025
5Published7 May 2025

How it affects you

Debtors may seek a court-ordered stay of proceedings to arrange a debt settlement until July 31, 2025. The justice minister may extend the period by six months with the Constitution Committee’s approval.

Who gains

Debtors May seek a stay of proceedings until July 31, 2025 Section 1(1)
Justice minister May extend the period by six additional months Section 1(3)

Who pays

Creditors Debt collection proceedings are delayed until July 31, 2025 Section 1(1)

Under the table

Few hands
Only 9 of the 120 members took part in the final vote.
Temporary provision
The law, or part of it, is temporary and needs an extension to stay in force.