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Insolvency

Insolvency is a state of patrimony characterized by the lack of financial resources to pay debts due for more than 60 days. In Romania, the state of insolvency represents a stigma for companies and most often entrepreneurs and creditors turn to this procedure as a last resort to save the value that exists in companies that have reached a state of difficulty. 

Our team of insolvency practitioners has a wealth of experience in managing complex insolvency proceedings, managing restructuring projects for companies in difficulty. We put the expertise accumulated in the 15 years of activity at the disposal of entrepreneurs and creditors to identify the best way in which the company that ended up in insolvency proceedings can overcome this situation. If the state of difficulty is deep and the company does not have a sustainable business model that allows it to recover, we ensure the running of a fast bankruptcy procedure that ensures the recovery of creditors’ claims and the reinsertion of the company’s assets into the economic circuit.

Benefits

We offer management services as an insolvency practitioner for companies undergoing insolvency or bankruptcy proceedings, but also consulting services for entrepreneurs and creditors on the conduct of insolvency procedures under the administration of other insolvency practitioners.

1

Anytime Access

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2

Add-ons Compatibility

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3

Reduced IT Costs

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4

Multi-user Collaboration

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