The area of the legal system devoted to helping people and businesses in financial crisis is known as bankruptcy law.
The area of the legal system devoted to helping people and businesses in financial crisis is known as bankruptcy law. A path out of insolvency can be found through a variety of procedures outlined in the Bankruptcy Law, including the restructuring of debts or the systematic sale of assets.
The Bankruptcy Law encompasses various mechanisms, including the pre-bankruptcy right, which includes restructuring plans; insolvency proceedings; a special procedure for micro-enterprises; and the Second Chance Law.
It is still possible to achieve financial recovery and business stability even if you owe money to creditors.
ViewOur team of highly skilled experts at Capllonch Advocats has a wealth of knowledge in the area of bankruptcy law. Our goal is to maximize the legal options provided by the Bankruptcy Law while assisting businesses and individuals facing financial difficulties through the bankruptcy process.
ViewIt is more agile and simplified, and offers great advantages when it comes to getting out of the insolvency situation.
ViewIt is a system established by the Bankruptcy Law to guarantee that an individual (whether or not they are an entrepreneur) can pay off their debts in the event that they find themselves in an insolvent situation.
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