Small Debtors’ Liquidation

We advise and represent qualifying small debtors, creditors, secured creditors, and other stakeholders in Small Debtors’ Liquidation proceedings, focusing on the protection and enforcement of their legal rights within the simplified liquidation framework.

Our legal services

• Advising on qualification and the legal requirements for Small Debtors’ Liquidation.

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

• Representing clients before the competent court and in legal matters involving the insolvency trustee.

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

• Representing creditors in disputes concerning the acceptance, rejection, amount, or priority of claims.

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

• Advising on ownership and third-party rights relating to bankruptcy assets.

• Advising on the legal effect of the procedure on contracts, guarantees, and security arrangements.

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

• Representing clients in disputes and court proceedings arising from the procedure.

• Advising creditors on statutory priority and legal entitlement to distributions.

• Advising directors, shareholders, guarantors, and other stakeholders on their rights, obligations, and potential liabilities.