European Union insolvency law revolutionizes fresh start for entrepreneurs in debt.
The article discusses how European laws are changing to help people who can't pay their debts. In the past, these laws focused on regular people who couldn't pay their bills. Now, they are also looking at helping business owners who are in debt. The new rules aim to give these entrepreneurs a fresh start by making it easier for them to recover from financial problems. The article looks at how these changes are happening and whether they are effective in helping struggling business owners.