7. Can the Department of Insolvency (MdI) make a person bankrupt?

MdI does not make people bankrupt. As mentioned above, a person is made bankrupt by a court order either by an application by a creditor, or by his own application. Once a bankruptcy order is made by the court, according to the law, the DGI has become the administrator of his estate and will monitor and supervise the bankrupt’s conduct until the bankrupt is discharged from his bankruptcy.