Enforcement, Insolvency and Debt Collection

When a receivable is not paid on time it turns into a cash-flow problem for most companies. Enforcement and Bankruptcy Law No. 2004 provides fast routes, but a procedural error can set a proceeding back.

For creditors

• Cheque, bill and promissory note proceedings (the seizure route specific to negotiable instruments)
• Ordinary enforcement, objection annulment and enforcement denial compensation
• Seizure, custody and sale procedures
• Actions to annul fraudulent transfers

For debtors

• Objections to unfounded proceedings and negative declaratory actions
• Composition (concordat) petitions with provisional stay
• Bankruptcy and deferral analysis

At the start of each matter we run a collectability analysis and share costs and the likely recovery in writing.