Bankruptcy is a legal mechanism for getting out of debt and regaining financial control.
Financial difficulties may arise for various reasons: loss of a source of income, unforeseen circumstances, accumulated debts. When payments on obligations become impossible, and pressure from creditors, collectors and courts increases - bankruptcy procedure becomes a legal and effective way to restore financial stability.
Legal rules governing bankruptcy give individuals the opportunity to completely write off debts, save some property and start with a clean slate. However, it is a complex legal process that requires precise compliance with the procedures and professional support.
ILBs provide full support of bankruptcy proceedings - from analysing the situation and preparing documents to representing you in court and defending your rights at every stage.
Our task is to provide a legal, efficient and safe way out of a difficult financial situation.
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Legal counselling and assessment of the situationWe analyse your financial situation and debt load, determine the legal grounds for starting bankruptcy proceedings and choose the best strategy. - Preparation of documents and submission of the applicationWe collect the necessary materials, prepare a bankruptcy petition and send it to the judicial authority in accordance with the established procedure.
- Legal support at all stagesWe represent your interests throughout the entire procedure - from filing documents to the completion of the process and debt relief.
- Interaction with creditorsContact with banks, microfinance institutions, debt collectors and other creditors: negotiate, analyse and challenge claims, if necessary.
- Litigation supportWe control the actions of the financial manager, check compliance with procedures, and represent interests in court hearings.
- International support of bankruptcy proceedingsWe provide cross-country debt settlement, taking into account the legal peculiarities of the jurisdictions and ensuring the necessary recognition.
- Responsible and lawful approachAll actions comply with legal regulations. We structure the process so that the result is sustainable and legally flawless.
- International experienceWe take into account the peculiarities of the legislation of different jurisdictions and choose a strategy tailored to the specific situation.
- Delicacy and protection of personal informationWe provide reliable protection of your information. We build co-operation on trust, respect and correctness.
- Decisions based on law and experienceWe rely on real practice and offer legal and effective ways of debt settlement.
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