The bankruptcy procedure in Kazakhstan does not relieve citizens of all financial obligations. Some types of debt, including alimony, must be repaid in any case, reports infohub.kz.
Kazakhstanis facing problematic debts can use the bankruptcy procedure in two formats. Out-of-court bankruptcy is available if there is no property and the debt amount does not exceed 1,600 monthly calculation indices (MCI), which in 2026 amounts to 6,920,000 tenge. Court bankruptcy is applied if the debtor has property or the amount of debt exceeds the specified threshold.
It is important to understand that bankruptcy is a radical measure that entails serious restrictions in everyday life. However, even after the procedure is completed, not all debts will be written off. As the Telegram channel ZANGER | PRG notes, a bankrupt is not released from the following obligations: alimony, compensation for harm to life or health, compensation for damage from criminal offenses, payments to the budget by court decision, requirements of the National Bank of the Republic of Kazakhstan provided for by law, as well as unpaid remuneration of the financial manager.
In addition, the termination of obligations does not apply to debtors who act as guarantors, sureties, or pledgers for the obligations of third parties.
Thus, citizens hoping to get rid of all debts through bankruptcy should take into account that some types of debt are not subject to write-off. We also remind that Kazakhstan provides for criminal and administrative liability for deliberate bankruptcy.