Annotation

The article discusses the issues of understanding the crisis of a debtor-citizen for the purposes of applying bankruptcy legislation. Noting the combination of private and public interests, their intertwining in the field of bankruptcy, the author focuses on the manifestations of public interest in resolving the socio-economic crisis of a citizen. The manifestation of public interest in achieving separate social and economic goals of the state is considered. In conclusion, the author concludes that the institution is balanced and creates adequate conditions to encourage citizens to take measures to resolve socio-economic problems.