Abstract
Mechanism of bankrupt procedure Implementation was analyzed, which were identified current system problems, happened by imperfect of law, presented proposals to developing it. The special attention on protection of the rights of entrepreneurs in case of bankrupt, which is now use to be macroeconomic factor, it have big influence on economic of country and entrepreneurs business. It seems reasonable to change way of initiation case of bankrupt by conceptual, from debtor`s side, correcting of methodology and criteria of identification sings in fiction bankrupt, need improve process of bankrupt in natural monopolies, mostly housing, need to keep working on project of law about trans-boundary insolvency, raising the rights and responsibilities to arbitration managers.
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