Small Debtors’ Financial Restructuring

We advise and represent qualifying small debtors and their creditors in Small Debtors’ Financial Restructuring proceedings, providing legal support in restructuring the debtor’s obligations and protecting creditor rights within the simplified statutory framework.

Our legal services

• Advising on qualification and eligibility for Small Debtors’ Financial Restructuring.

• Advising debtors and creditors on commencement and its legal consequences.

• Preparing and reviewing commencement decisions, applications, and related legal documentation.

• Drafting, reviewing, and negotiating Financial Restructuring proposals.

• Advising creditors on preparing, submitting, and legally substantiating their claims.

• Representing creditors in disputes concerning claims and their treatment.

• Advising on creditor classification, voting rights, and approval requirements.

• Advising secured creditors on security interests, guarantees, priority rights, and enforcement remedies.

• Advising on suspension of claims and available creditor remedies.

• Representing clients in creditor negotiations and related proceedings.

• Representing clients in objections to decisions or actions of the insolvency trustee.

• Representing clients in court proceedings arising from the procedure.

• Advising on the legal effect, amendment, implementation, and termination of restructuring plans.