Igualada belchí the lawyers specializing in bankruptcy proceedings

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Typically companies are subject to different economic contingencies and dynamics specific to each sector that can generate problems of insolvency and lack of liquidity . In these cases, it may be necessary to carry out bankruptcy proceedings. Regarding this, the lawyers specializing in this matter from the igualada belchí firm comment that the latest reform of the bankruptcy law, carried out in 2022, transposes into spanish law the directives approved by the european parliament in 2019. In general terms, the purpose of this change has been to address the limitations of the insolvency system previously in force in spain to shorten the duration of bankruptcy proceedings and promote the use of the second chance figure.

Por taboolate puede gustar te contamos el gran secreto de vera en 'la promesa', la serie de la 1 de tve what can be the result of a bankruptcy? Generally, bankruptcy proceedings have two possible outcomes . First of all, what is sought is to restructure a company to make it viable. Nowadays, thanks to the aforementioned reform, this can be attempted early and before insolvency is imminent. Now, when Poland Mobile Number List this is not possible, the objective of bankruptcy is to quickly liquidate the company in order to satisfy creditors. In either case, procedural modifications have been introduced to make everything more agile. Another novelty of the current bankruptcy law is the introduction of a special procedure for microenterprises.



This mechanism is available for self-employed workers and organizations with fewer than ten employees. Both the necessary procedures and the costs to carry out a contest in these cases have been reduced with the purpose of facilitating the continuity of the business or activity of the company. The lawyers specializing in insolvency proceedings at igualada belchí this firm has a team of bankruptcy law specialists who offer advice to reach agreements with suppliers and face debts. In these cases, one of the fundamental aspects is the correct presentation of the necessary documentation. To carry out these tasks, igualada belchí has ​​lawyers who are registered as bankruptcy administrators in the bar associations of madrid barcelona ​​málaga valencia and murcia.