On January 16, 2026, the Law on Amendments and Additions to Certain Legislative Acts of the Republic of Kazakhstan on Regulation and development of the financial market, communications industry and Bankruptcy was signed.

This law provides for amendments to the Law of the Republic of Kazakhstan "on Restoration of Solvency and Bankruptcy of Citizens of the Republic of Kazakhstan" (hereinafter referred to as the Law).

What has changed and what procedures👇

The law provides for 3 procedures:
, out - of - court bankruptcy
, bankruptcy through the court
🔹 restoration of solvency

Bankruptcy and out-of-court bankruptcy
The application is submitted through the eGov or eGov mobile portal. Appeals are considered by the state revenue authorities.

Applies only to the following debts:
banks
kar microfinance organizations
call collectors

Conditions:
✔️ debt does not exceed 1600 MCI (≈ 6.9 million))
✔️ Unpaid for more than 12 months
✔️ lack of registered property

Special cases:
🔸 6 months of TSA-the non-payment period is not taken into account
If the debt has not been repaid for more than 5 years, the contracts do not apply

Important:
- pawns are not included in this ceremony
— if the debt exceeds 5 years-the procedure can be completed in just 1 month

, Bankruptcy through the court
The application is submitted to the court at the place of residence.

Applies to all debts, except for the following debts:
al alimony
zian harm caused to life and health
kylmystyk criminal damage
keybir some payments to the budget

Conditions:
✔️ debt is above 1600 MCI
✔️ Not paid for more than 12 months
✔️ the presence or absence of property

If there is no property , the loan amount does not matter .

What you need to know:
💼 the property is being sold at auction
zhalgyz secluded refuge:
- if available as collateral → can be obtained
- no deposit → can not be withdrawn

A financial manager is appointed for tagayindalady (≈1 minimum wage per month)

Duration: 6 months (+can be extended for another 6 months)

Restrictions:
no need to take out a loan
. The property cannot be sold.
shygug travel abroad is prohibited

Consequences of bankruptcy:
Less than 5 years without a loan
kaita repeated bankruptcy-7 years later
Property control has been carried out for 3 years

Kalpyna restoration of solvency
The application is submitted to the court.

Condition:
the loan does not exceed the value of the property or has a stable income

What can be done:
satu sale of part of the property
I take the rental property
quick replacement of housing for cheaper

Source : https://www.gov.kz/memleket/entities/kgd-karaganda/press/news/details/1219234?lang=kk