Contestation insolvent debtor''s transactions
During conducting this research the author has discovered the following. There's a lack of one single mechanism in a process of challenging the transaction when it comes to a bad debtor as well as a consequences of ineffectiveness for a creditor. Also there is lack of judicial practice resolving this issue. The main methods of the research were analytical method, analysis of judicial practice and regulations; systematic method, that allows us to structure and obtain researched information. The purpose of the article is to reveal and identify nuances of disputing the transactions of a bad debtor. The article highlights conditions of making a transaction invalid and the criteria for appeal to the court; types of transactions that require the consent of the Trustee; the procedure for contestation. In this article the author discusses the issues of challenging the debtor's transactions. The legislative side of this issue was covered and author provided examples from judicial practice. Results of this research can be used with educational purposes, to prepare an education materials and scientific works, to study and define the characteristics of bad debtor. According to the author, this topic needs further theoretical and practical development, which is directly related to the development of an effective way to protect the rights of creditors.