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Justice declares bankruptcy of Alexandre Frota

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Justice decreed the bankruptcy of federal deputy Alexandre Frota (PROS-SP), at the request of the parliamentarian himself. The former actor claimed to have debts greater than his assets and said he was unable to pay them off. Frota reported that he is a defendant in several lawsuits asking for damages. Together, they reach R$ 1.4 million. He claimed that it was impossible to pay this amount based on what he receives in the Chamber. The gross salary of a federal deputy is around R$ 33 thousand.

The request was accepted by Judge Carlos Aiba, of the 3rd Civil Court of Cotia, in Greater São Paulo, who determined that Banco Econômico S/A will be responsible for managing Frota’s assets, until it settles all debts. “The attached documents do not contain any asset of relevant value that integrates the debtor’s assets. The debts already reach the level of R$ 1,400,000.00. Therefore, the author’s situation of insolvency is evident, and it is recommended to establish creditors for equitable satisfaction of debts, through control of the Judiciary”, said the judge.

Civil insolvency or personal bankruptcy is a legal situation decreed by the Justice, which recognizes when an individual has more debts than he can pay. O F5 contacted Frota, but he did not respond to messages until this report was published.

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