Insolvency Law

Our Areas & Professionals

Description & Procedures

In our current capitalist society it is common for companies to be affected by situations of financial or economic crisis that make it difficult or unfeasible for them to continue trading if certain measures are not taken. Our experts in bankruptcy and corporate restructuring law will advise you on the measures you should take and help you to implement them.

We are specialists in negotiations with creditors and in the filing and processing of bankruptcy proceedings, both from the position of the debtor and the creditor.

The delicate situation of knowing whether the company is viable, and what measures must be taken for its continuity and/or its orderly liquidation, then arises.

Current legislation obliges the employer to request the declaration of voluntary bankruptcy when the company cannot meet its obligations.

Voluntary bankruptcy pursues two different aims: either the continuity of the business by obtaining an agreement with the creditors, or the orderly liquidation of the business with the guarantees provided by the judicial procedure.

This situation always gives rise to a logical concern on the part of the employer or the directors of these enterprises as to whether or not they will also be personally liable for social debts, both to joint creditors and to banks, and for the debts which the enterprise has contracted with the social security, tax and other official bodies.

Procedures

How do we work Insolvency Law in Centell-Folch?

For many years, CENTELL-FOLCH ABOGADOS ASOCIADOS has been dedicated to the defence of these entrepreneurs and social administrators, studying the economic crisis situation of these companies and the repercussions that this may have on the personal assets of the entrepreneurs or social administrators, proposing and processing the most appropriate solutions to solve this business crisis situation.

To this end, our departments of commercial and bankruptcy law, procedural law, labour law and tax law study each specific case and collaborate in the search for and proposal of solutions, offering our clients the following services: analysis of the economic situation; review of the accounts; proposal of pre-bankruptcy solutions; and preparation, presentation and processing of the application for voluntary bankruptcy and defence in the qualification sections of the bankruptcy proceedings.

On the other hand, we also advise our clients in the defence of their interests when they are in the situation of creditors of another company, studying the fastest, safest and most economical ways to collect their credits, and processing, if necessary, the necessary application for bankruptcy from the debtor and, if the debtor has already filed for voluntary bankruptcy, We carry out the notification of the credit and control its inclusion in the list of creditors, advising the client on the steps to be taken in the bankruptcy proceedings and in the possible proposal of an agreement proposed by the debtor or other creditors, as well as on its situation in a possible liquidation of the debtor’s assets. In addition, possible individual liability actions against the administrators of the debtor company are studied and proposed in this case as well.

Insolvency Law Professionals

Contact

Description & Procedures

In our current capitalist society it is common for companies to be affected by situations of financial or economic crisis that make it difficult or unfeasible for them to continue trading if certain measures are not taken. Our experts in bankruptcy and corporate restructuring law will advise you on the measures you should take and help you to implement them.

We are specialists in negotiations with creditors and in the filing and processing of bankruptcy proceedings, both from the position of the debtor and the creditor.

The delicate situation of knowing whether the company is viable, and what measures must be taken for its continuity and/or its orderly liquidation, then arises.

Current legislation obliges the employer to request the declaration of voluntary bankruptcy when the company cannot meet its obligations.

Voluntary bankruptcy pursues two different aims: either the continuity of the business by obtaining an agreement with the creditors, or the orderly liquidation of the business with the guarantees provided by the judicial procedure.

This situation always gives rise to a logical concern on the part of the employer or the directors of these enterprises as to whether or not they will also be personally liable for social debts, both to joint creditors and to banks, and for the debts which the enterprise has contracted with the social security, tax and other official bodies.

Procedures

How do we work Insolvency Law in Centell-Folch?

For many years, CENTELL-FOLCH ABOGADOS ASOCIADOS has been dedicated to the defence of these entrepreneurs and social administrators, studying the economic crisis situation of these companies and the repercussions that this may have on the personal assets of the entrepreneurs or social administrators, proposing and processing the most appropriate solutions to solve this business crisis situation.

To this end, our departments of commercial and bankruptcy law, procedural law, labour law and tax law study each specific case and collaborate in the search for and proposal of solutions, offering our clients the following services: analysis of the economic situation; review of the accounts; proposal of pre-bankruptcy solutions; and preparation, presentation and processing of the application for voluntary bankruptcy and defence in the qualification sections of the bankruptcy proceedings.

On the other hand, we also advise our clients in the defence of their interests when they are in the situation of creditors of another company, studying the fastest, safest and most economical ways to collect their credits, and processing, if necessary, the necessary application for bankruptcy from the debtor and, if the debtor has already filed for voluntary bankruptcy, We carry out the notification of the credit and control its inclusion in the list of creditors, advising the client on the steps to be taken in the bankruptcy proceedings and in the possible proposal of an agreement proposed by the debtor or other creditors, as well as on its situation in a possible liquidation of the debtor’s assets. In addition, possible individual liability actions against the administrators of the debtor company are studied and proposed in this case as well.

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