Insolvency

Almost every company’s management in crisis tries different ways of controlling the situation, which, however, does not always end successfully. The ongoing default in repayment leads the company to the insolvency. In the above situation, the closure of company is not a long-term solution. Considering the declaration of bankruptcy is a chance to repay the liabilities and to sort out the legal situation of the company.
Conducting bankruptcy proceedings by experienced insolvency administrator provides management of the proceedings for the benefit of both the liquidated enterprise and the creditors, seeking to satisfy claims to the highest possible extent.