What is the purpose of Article 155 in terms of determining the living expenses for the debtor?
The purpose of Article 155 is to allow the Bankruptcy Court to determine the living expenses for the debtor who has had a decision to initiate bankruptcy proceedings issued, based on the motion filed by the debtor or its dependents and after considering the Trustee's statements. Additionally, the court may also decide to assign the management of the debtor's business and assets to a Trustee.