Kolesnyk Ilya

Attorney

Phone numbers
+38 (073) 007-44-49 +38 (073) 007-44-54

Specialist in bankruptcy of individuals and legal entities. Provides legal support in bankruptcy procedures for individuals, private limited liability companies, legal entities, as well as closing executive proceedings, concluding restructuring and settlement agreements with financial institutions

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Case: All creditor claims were written off in the case of insolvency of an individual (bankruptcy)

Restructuring and bankruptcy
Reading time: 2 min.
Authors
Kolesnyk Ilya Shakhovets Anastasia

Service: Bankruptcy of an individual

In August 2023, the client Antonina contacted our law firm with a request to resolve problematic debt. The total amount of debt as of the date of the application to the court was UAH 495,445.98. Thanks to the coordinated work of our lawyers, the case was successfully completed with the best result for the client.

Situation analysis

The team of lawyers analyzed the client’s financial situation in detail, identified all the nuances and developed the most effective strategy for protecting her rights. It was decided to initiate bankruptcy proceedings to establish the real financial situation of the debtor and possible debt write-off.

Process progress

  • Preparation and submission of an application to the court
  1. Our lawyers competently prepared all the necessary documents, which allowed to avoid errors and delays in the process.
  2. By the court’s decision dated 11/28/2023 The application was left without action, but thanks to the team’s quick response, all deficiencies were eliminated, and on December 14, 2023, the case was accepted for consideration.
  • Opening of proceedings
  1. Thanks to the persistence of our lawyers, by a court decision dated March 12, 2024, proceedings were opened in the case, a moratorium was imposed on the satisfaction of creditors’ claims.
  2. Artem Aleksandrovich Baginsky, the arbitration manager, was appointed as the manager of the restructuring of the debtor’s debts.
  • Statement of creditor claims
  1. PrivatBank JSC CB declared monetary claims against the debtor for a significant amount.
  2. The arbitration manager carefully reviewed the creditor’s claims, conducted a detailed analysis, and submitted a report on the consideration of the claims to the court.
  3. In his report, he argued the amount in full, since the charges did not comply with current legislation.
  • Closing of the proceedings
  1. Based on the report of the arbitration manager, the court ruled to reject the bank’s claims.
  2. In February 2025, the court ruled to close the proceedings in accordance with clause 8 of article 90 of the Bankruptcy Procedure Code, since none of the creditors had confirmed claims.

Result

The impeccable work of our lawyers and the arbitration manager allowed the client to completely get rid of her debt obligations. Her credit history was updated in accordance with the court decision, and her financial condition improved significantly.

Photo – confirmation of the result of the work

This is yet another proof that by entrusting your cases to our professionals, you can achieve the best result! Congratulations to Antonina on the successful completion of the case and thank you for trusting our team of experts!

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Do you have large debts that you are unable to repay?

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Does the amount of debt exceed UAH 180,000?

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Are you located in Kyiv or Kyiv region?

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Bankruptcy

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