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TITLE VIII A: Special provisions for sole traders covered by the status defined in Section 3 of Chapter VI of Title II of Book V

Article L681-1 of the French Commercial code

Any application to open proceedings under Titles II to IV of this Book or over-indebtedness proceedings under Book VII of the Consumer Code in respect of a sole trader covered by the status defined in Section 3 of Chapter VI of Title II of Book V of this Code shall be brought before the court with jurisdiction to hear proceedings under Titles II to IV of this Book. Subject to…

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Article L681-2 of the French Commercial code

I. – The court shall open proceedings provided for in Titles II to IV of this Book if the conditions are met. The provisions specific to open proceedings shall apply, subject to this title. II. – In the context of the open proceedings, if the conditions provided for in 2° of article L. 681-1 are not met on the date of the opening judgment, the provisions of Titles II to…

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Article L681-3 of the French Commercial code

If only the conditions set out in 2° of article L. 681-1 are met, the court declares that there are no grounds for initiating proceedings under Titles II to IV of this book and refers the case, with the debtor’s agreement, to the over-indebtedness commission. Book VII of the Consumer Code and the sixth paragraph of Article L. 526-22 of this Code are then applicable. If the over-indebtedness commission finds…

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