Odesa region ranks second in the country in terms of the number of bankrupt people

In the first half of 2025, the Supreme Court of Ukraine declared 47 residents of Odesa region and nine residents of Mykolaiv region bankrupt.

In total, 577 Ukrainians have already filed for bankruptcy in the first 6 months of 2025, according to analysts of the Opendatabot platform.

Most bankruptcy cases in 2025 were opened in Kyiv - 90. Odesa region is second with 47 cases, followed by Kyiv region, where 46 applications have been filed. The fourth place is occupied by Lviv region with 43 bankrupts and the fifth place - 41 cases in Vinnytsia region.

In 52% of cases, men apply to be recognized as insolvent, and in total, 2,948 people have become bankrupt in Ukraine over the past 5 years. The number of bankruptcy cases in 2025 increased by 33% compared to the same period in 2024. In general, most people became bankrupt last year: 926 cases, but the current year risks catching up with these figures.

As Denys Lykhopiok, attorney-at-law, insolvency receiver, member of the Qualification Commission of Insolvency Receivers, bankruptcy specialist, told analysts, the current increase in the number of bankruptcy cases is part of a steady trend that has been going on for several years. The procedure is gradually becoming more predictable: court practice is being developed, participants in the process are gaining experience, and the mechanism itself is working more smoothly. At the same time, creditors - banks and financial institutions - are becoming more demanding on the terms of debt write-off or restructuring. The lawyer emphasized that the bankruptcy procedure is not a panacea for easy and painless debt relief. The consequences of declaring insolvency will be felt for at least several years.

According to him, there are still gaps in the procedure that need to be addressed. In particular, it concerns the tax consequences after restructuring and debt write-offs, as well as the interaction with enforcement proceedings and other related court cases, which often remain outside the scope of insolvency cases.

Кирило Бойко