Insolvency proceedings for individuals and companies
Insolvency law: bankruptcy proceedings with experience
Insolvency proceedings are the legal instrument that allows an insolvent company or individual to reorganise their debts under the protection of a judge. It is not an end, but a means: a period of truce to negotiate with creditors, preserve the business and, if possible, reach an arrangement that allows the activity to continue. At Muñoz-Vidal y Rubio we have extensive experience in all phases of insolvency proceedings.
Situations where we can help
Your company cannot pay its debts as they fall due and needs legal protection against creditors.
You want to reach an arrangement with your creditors to continue the business activity.
Your company is in liquidation and you need advice on the process and its consequences.
You are a creditor of an insolvent company and want to defend your rights in the proceedings.
Our approach
How we approach each case to achieve the best result.
We accompany the debtor from the filing of the insolvency until its conclusion, in all its phases.
We work hand in hand with the insolvency administration to facilitate the transparency of the process.
We negotiate realistic arrangement proposals that have a chance of acceptance by creditors.
When liquidation is the only way out, we manage it rigorously to minimise the personal consequences for the debtor.
Indicative process
Prior assessment: we analyse whether insolvency is the right option or if a better alternative exists.
Filing and declaration: we prepare the documentation and file the voluntary insolvency petition.
Common phase: we assist the debtor during the creditor communication and estate formation phase.
Arrangement or liquidation: we negotiate the arrangement or, failing that, manage the liquidation phase.
Frequently asked questions
What is the difference between voluntary and necessary insolvency?
Can I continue running my company during insolvency?
What happens to employees during insolvency?
The information on this page is of a general nature and does not constitute legal advice. Each case requires individual analysis.
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