Section 4: Provisions relating to sole traders with limited liability

The provisions of this book shall apply to a debtor who has made a declaration of constitution of affected assets in accordance with article L. 526-7 du code de commerce, subject to the reservations set out in this article.They apply to over-indebtedness resulting solely from non-business debts. In this case, those of these provisions which concern the property, rights and obligations of the debtor must be understood, unless otherwise provided,…

When over-indebtedness proceedings are initiated before a commission at the request of a sole trader with limited liability, the latter shall indicate, when filing the case, whether proceedings instituted by Titles II to IV of Book VI of the Commercial Code are open for his benefit and with which court. When proceedings instituted by the Titres II to IV of Book VI of the Commercial Code is opened for the…