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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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Credit restructuring in a bank/microfinance organization

Credit restructuring in a bank/microfinance organization

Financial circumstances can be unstable, sometimes unpredictable, and problems related to repayment of credit obligations can arise with them. However, it is important to know that in such situations there are solutions and professional support that will help find a way out of a difficult financial situation. The law firm “Prykhodko and Partners” offers its services to clients who are looking for help in restructuring or closing loans in banks and microfinance organizations (MFIs).

Restructuring

Credit restructuring is a process of negotiations with the creditor and changes in the essential terms of the credit agreement in order to achieve new terms of loan repayment that will correspond to the financial capabilities of the borrower. This approach makes it possible to change the amount of the monthly payment, the interest rate, the repayment period or other terms of the loan agreement.

 

“Prykhodko and Partners” has experience and expertise in the field of credit restructuring. Our company offers a comprehensive approach to considering the client’s financial problems and develops individual strategies aimed at achieving the best results.

Algorithm of actions that should be applied for carrying out restructuring

First step

First of all, our specialists study the credit history and the terms of the loan agreement in order to find out the available opportunities for restructuring. We analyze the client’s financial situation, taking into account his income and expenses, in order to determine the optimal terms of restructuring.

The second step

After studying the credit history, we provide legal support in making an application or a solicitor’s request for credit restructuring, which allows you to be sure of the legality and correctness of the documents in order to achieve a further result. We interact with banking institutions and MFIs, representing the client’s interests and agreeing on favorable restructuring terms.

The third step

After the financial institution approves the restructuring or early repayment of the loan, lawyers monitor the legality of repayment of the monetary obligation, require the provision of the necessary documents as confirmation of closing the loan or changing the main terms of the contract. From this moment, the loan can be considered repaid or extended under new terms.

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Services related to credit restructuring

The company “Prykhodko and partners” provides a wide range of services related to credit restructuring. Here are just a few of them:

  • Analysis of the financial situation: Our experts will conduct a detailed analysis of your financial situation and credit obligations. They will identify potential problem points and offer optimal solutions to solve your situation.
  • Negotiations with banks and MFIs: Our team of experts is ready to help you in negotiations with banks and MFIs. We have experience in conducting effective negotiations and can achieve the best conditions for loan restructuring for you.
  • Development of a restructuring plan: We will help you develop a restructuring plan that will include new repayment terms, changes in interest rates or other options that will be beneficial to you. We will provide legal support and help in drawing up the necessary documentation.
  • Closing the loan: If you want to pay off the loan early with interest and penalties written off, we can help with that as well. We will provide legal support and find the best way for effective repayment of your loan obligation.

 

So, if you have encountered problems with repayment of the loan and want to consider the possibility of restructuring or closing the loan, contact the law firm “Prykhodko and Partners”. Our specialists will help you understand your rights and the best ways to solve financial difficulties.

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1 question

Do you need help signing a debt restructuring agreement?

Yes
No

2 question

Have you already consulted other lawyers?

Yes
No

3 question

Are you in Kyiv or Kyiv region?

Yes
No

Is it possible to go through the bankruptcy procedure if the debt is less than 180,000 UAH?

Bankruptcy can be filed regardless of the amount of debt — there are no minimum limits set by law. However, if the amount of debt is less than UAH 180,000, it is usually more advisable to agree on debt restructuring, as bankruptcy may be economically unprofitable.

If I am not in Kyiv, can I cooperate with you?

Yes, we work remotely throughout Ukraine and even with clients abroad! We have many clients from Lviv, Odessa, Dnipro, Kharkiv, Cherkasy and other settlements.

Communication is carried out in any way convenient for you.

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Bankruptcy

Agreement on the assignment of the right of claim An appeal against a court decision on debt collection Anti-collector Application for initiation of bankruptcy proceedings Assignment of the right of claim under the credit agreement Bankruptcy certificate for legal entities Bankruptcy of a legal entity Bankruptcy of a utility company Bankruptcy of an individual Bankruptcy of an individual entrepreneur Bankruptcy of individuals Certificate from the Unified Register of Enterprises in respect of which bankruptcy proceedings have been initiated Challenging the executive inscription of the notary on the loan Checking the availability of loans for an individual Collect the debt from the guarantor Consultation of a lawyer regarding credit debts Consultation on bankruptcy of an individual Corporate Bankruptcy (Company Bankruptcy) Credit debt collection Credit lawyer Credit restructuring in a bank/microfinance organization Debt cancellation Debt collection for housing and communal services Debt collection under a credit agreement Debt collection under the factoring contract Debt collection under the loan agreement Debt restructuring for housing and communal services Debt restructuring under a credit agreement Debt write-off for credit / microloans Debt write-off in bankruptcy Declaration of bankruptcy Development of a contract of assignment of the right of claim Development of a debt receipt Development of a loan agreement between individuals EBRD lending Executive proceedings for communal services Fictitious bankruptcy File for bankruptcy Financial rehabilitation and bankruptcy of enterprises Forced collection of debt Forced collection of debt under a credit agreement Gas debt restructuring How to get a certificate of bankruptcy / no bankruptcy? Individual Bankruptcy Lawyer Judicial debt restructuring outside of bankruptcy proceedings Lawyer for credits and microloans (MFI) Lawyer under Art. 200 of the Criminal Code – Illegal actions with transfer documents, payment cards and other means of access to bank accounts, electronic money Lawyer under Article 302 of the Criminal Code – Creation or maintenance of places of debauchery and solicitation Legal advice on loans Legal analysis of credit agreements Legal assistance with microcredits (MFIs) Legal support of the assignment of the right of claim Legal support of the bankruptcy procedure Liquidation of a company through bankruptcy proceedings Liquidation of a legal entity Liquidation of LLC with debts Liquidation of the company under the bankruptcy procedure Mortgage write-off under the bankruptcy procedure Obtaining a certificate of absence of bankruptcy Opening of bankruptcy proceedings Protection of creditors’ rights during the liquidation of a legal entity Protection of creditors’ rights in bankruptcy Protection of the rights of consumers of banking services Recognizing a natural person as bankrupt Removal of seizure from the account for payment of wages Removal of seizure from the debtor’s accounts Restructuring debt on a mortgage loan in foreign currency Restructuring of electricity debt Restructuring of foreign currency loan Restructuring of foreign currency loan Privatbank Restructuring of foreign currency mortgage Restructuring of heating debt Restructuring of the debtor’s debts Sanitation of the debtor in bankruptcy cases Sanitation of the enterprise Statement of claim for collection of debt for utility services Statement of claim for debt collection Statement of claim for debt collection under a credit agreement Statement on insolvency of a natural person Support of creditor in the bankruptcy procedure Support of creditors in the debt collection procedure Support of creditors in the restructuring procedure Support of the bankruptcy procedure of a legal entity Support of the bankruptcy procedure of an individual The bankruptcy procedure of an individual Voluntary liquidation of a legal entity through the bankruptcy procedure Write off a loan for a mortgage (housing) Write off a mortgage loan Write-off of accounts payable Write-off of Borgs for utility services Write-off of loan debt for the guarantor