This paper special emphasis will be given to the analysis of bankruptcy reasons. However, before the band obviously, emphasis will be given to the analysis of the concept of bankruptcy and insolvency system and the system itself is bankruptcy. That is, the first part of this paper analyzes the basic concepts relating to insolvency and bankruptcy legislation. The second part gives emphasis to the issue of proceedings. It analyzes the key subjects and activities of bankruptcy proceedings. The third and last part of the paper, specifically analyzes all aspects of bankruptcy reasons companies. The third part of the paper presents the essence of this research and concisely shows the possible aspects and reasons for initiating bankruptcy.
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