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What is a centre of main interests?

Centre main
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What is a centre of main interests?

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Under the EC Regulation on Insolvency Proceedings 2000 if you live in a member state, except Denmark, you can open insolvency proceedings (make yourself bankrupt) only in the country where you have your „centre of main interests”. There is no definition of a centre of main interests but the Court will usually regard the country where you carry on a business or earn your living as your centre of main interests. The Court will also consider the place where you normally live, i.e. your country of habitual residence. If you are not employed or self-employed your centre of main interests will be the country you normally live in at the date of the petition.

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