The impact of debt relief on the Czech banking and non-banking institutions

The article deals with personal bankruptcy and its impact on Czech banking institutions to whom the insolvency of the debtor causes excessive costs and losses. As part of the research the statistical sample of 500 borrowers in debt relief since 2008 was studied. From the position of the lender the research is focuses on the composition of claims filed and in terms of frequency representation of creditors' claims filed in personal bankruptcy. Furthermore, the research compares the expected level of satisfaction of the creditors, which is at the beginning of the debt relief significantly higher than the actual level of satisfaction of creditors at the end of debt relief. Within filed claims is the most important representation of the banking sector, which causes increasing costs of banks with an annual increase of permitted debt relief.