social security - FOD Sociale Zekerheid

The social insurance in case of bankruptcyThe social security scheme for self-employed persons provides for a social insurance in case ofbankruptcy.Persons who may benefit from this insurance under certain conditions:- self-employed persons who have been declared bankrupt- self-employed persons who are unable to settle their debts because of apparentinsolvency and to whom a collective debt settlement applies- business managers, directors and working partners of a commercial company that hasbeen declared bankrupt.Persons who have been prosecuted in the context of the bankruptcy or who fraudulently organisedtheir insolvency themselves, are not eligible for the social insurance in case of bankruptcy.The social insurance in case of bankruptcy:- secures the rights concerning family benefits and the obligatory insurance for medicalcare for a period of maximum 4 quarters;- gives the rights to a monthly allowance during a maximum of 12 months.On 1 July 2011, this allowance amounts to 1,283.22 EUR or 983.79 EUR, depending on whether ornot the person concerned has at least one dependant.The application for the social insurance in case of bankruptcy must be filed before the end of thequarter that follows the quarter of the declaration of bankruptcy.The financial intervention is granted as from the first day of the month following the month of thedeclaration of bankruptcy, or, in the case of discontinuation of the self-employed activity, as fromthe first day of the month following the discontinuation.63