Insolvency law

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Insolvency law

 

This is the legal field that deals with situations in which a person, company, or organization is unable to meet its financial obligations.

Insolvency law, also known as bankruptcy law, is the legal area that deals with the procedures and rules applicable when a person, company, or organization is unable to meet its financial obligations and is in a state of insolvency. Insolvency law provides a legal framework to address and resolve such financial problems. The aim of bankruptcy law is to ensure an orderly and fair settlement of financial issues, where creditors are treated fairly (unless there are legitimate reasons for priority) and where assets are liquidated to pay debts.

In short, insolvency law is a complex but essential legal field that can impact your business and personal finances. If you are facing financial difficulties, do not hesitate to contact us. We are ready to advise and legally assist you in all your insolvency matters.

You can come to us for the following services, among others:

  • Advice: A lawyer can advise you on the best steps to take if you are facing financial difficulties. They can help you understand your options and the potential consequences of each choice.
  • Filing a claim of debt.
  • Bankruptcy filings: If bankruptcy is the right choice, a lawyer can guide you in filing a bankruptcy application and assist you with the legal procedures involved.
  • Debt Restructuring and Settlement: For businesses, a lawyer can help develop a restructuring plan or negotiate debt settlement with creditors.
  • Legal Representation: If you become involved in disputes with creditors or other parties due to financial problems, a lawyer can legally represent you and protect your interests.
  • Assessing your financial situation and providing legal advice on the best steps to take.
  • Filing bankruptcy applications and guiding through the bankruptcy process.
  • Negotiating with creditors on restructuring and debt settlement.
  • Representing your interests in courts and legal disputes related to insolvency.