I propose that the insolvency legislation - the Act on Financial Management, Insolvency Proceedings and Compulsory Winding-up ( ZFPPIPP ) - be amended to : - Compensatory liability of the insolvency administrator who has been discharged from the insolvency proceedings by a court order to RETURN THE FUNDS TO THE INSOLVENCY MASS WHICH HE RECEIVED AS A ''WORK'' REWARD. - The liability for damages of the bankruptcy judge or the bankruptcy judge for the CONFIRMATION of the bankruptcy trustee's illegal acts in the court's orders ( prevention of corruption and waiver of immunity ). - Including in the new legislation the possibility for the COURT IN CHARGE OF THE INSOLVENCY COURT TO PUNISH THE INSOLVENCY ADMINISTRATOR FOR FAILURE TO COMPLY WITH THE INSOLVENCY LAW AND HARM THE INSOLVENCY CUSTOMERS and not, that under the current law, a claim for damages for injury to a creditor is a NEW PROCEEDING IN ANOTHER (competent) court (non-transparency and delay of proceedings). - That the court exercises control over the insolvency administrators and is also liable to creditors for the irregularities of the judge in the insolvency proceedings. - That in the event of an appeal by a creditor in insolvency proceedings, the decision is taken by an insolvency panel of three judges and two external (possibly 4-year law students - to gain experience) independent panel members. The decision is to be settled within 15 days and the insolvency administrator is to be asked to give his opinion on the complaint lodged against his work within three working days. If he does not, he has pleaded guilty and the court - the chamber - will proceed under criminal (damages) procedure. - The decision on the supervisory appeal is left to a higher court (not a district court, where everyone is a "local") within 15 days of the request. - The decision on a time-limit motion is assigned to the Supreme Court, not to a higher court as is the case now, within 15 days of the request. - Possibility to waive the immunity of the discussing judge upon the opening of a supervisory appeal to be determined by the bankruptcy chamber (3+2 independent members). - That the insolvency administrator has a minimum of two years' experience in insolvency as a ''trainee'' before being authorised to act as an independent insolvency administrator on the proposal of the Minister for Justice and Public Administration. This would be the only way to ensure transparency, the liability of insolvency practitioners, the accountability of the judge in the proceedings and a faster resolution of insolvency proceedings.