Comprehensive legal guidance through the insolvency process, from filing the petition to final closure.

We focus on protecting board members from vicarious (subsidiary) liability and minimizing risks during the liquidation of the company.

Ensuring that your personal assets and reputation remain protected throughout the process.

We develop and implement comprehensive restructuring plans that allow you to legally suspend payments to creditors and protect the company from aggressive litigation and enforcement actions.

Our legal framework helps to restructure debts, halt interest accrual, and restore the company’s viability while ensuring you maintain full operational control.

Personal insolvency is a legal and civilized way to discharge debts when financial obligations become overwhelming. We provide comprehensive expert support at every stage, ensuring your interests are protected.

Process and Requirements at a Glance:

Who is eligible? An individual whose debt obligations exceed €5,000 (past due) or €10,000 (due within a year).

Stage 1: Preparation & Filing. We perform a full audit of your financial situation, prepare the legal documents, and file the petition with the court. Once the case is initiated, interest penalties and bailiff actions are stayed.

Stage 2: Bankruptcy Procedure. Liquidation of assets (if any) under the supervision of a certified administrator. We ensure the process adheres strictly to the law and protect your rights.

Stage 3: Debt Discharge Plan. A period (typically 6 months to 3 years) where a portion of your income is allocated to partial debt repayment. The duration depends on the total debt and your income level.

Result: Upon completion of the plan, the court issues a decision to fully discharge all remaining debt obligations.

We monitor the actions of insolvency practitioners, ensure your claims are properly registered, and maintain strict control over the proceedings.

We utilize all available legal levers and mechanisms to ensure the highest possible recovery of your funds.