gjaldþrotaskýrslum
Gjaldþrotaskýrslum are official reports generated during Icelandic bankruptcy proceedings to document the debtor’s financial situation, the status of the bankruptcy estate, and how assets are being realized and distributed among creditors. They help provide transparency and structure to the liquidation process.
A key document is prepared by the gjaldþrotastjóri, the bankruptcy administrator appointed by the district court.
These reports are submitted to the court and are made available to interested parties, including creditors.
Legal framework and purpose: In Iceland, bankruptcy proceedings are governed by the Bankruptcy Act, with oversight