The Government has already approved a conceptual framework that is soon to be translated into a law on bankruptcy on natural persons. We haven’t a slightest doubt that the introduction of the bankruptcy of natural persons would bring more negative than positive effects, that’s why this idea should be abandoned altogether. However, if the decision makers have already made up their minds about the necessity of natural persons’ bankruptcy and are now merely considering various variants of natural persons’ bankruptcy, it is crucial to choose a model which would be the least harmful: the possibility of natural person’s bankruptcy could be a matter of self-determination. This would reveal the true price of natural person’s bankruptcy. A chosen bankruptcy of natural persons could be able to diminish its harm and perhaps to avoid it in general. The Internet portal Delfi.lt posted a commentary by LFMI’s Policy Analyst Vytautas Žukauskas on this issue.