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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
Support of creditors in the bankruptcy procedure
Bankruptcy of a debtor is a complex and lengthy process in which the rights and interests of creditors must be properly protected. That is why professional legal support of creditors during bankruptcy proceedings is extremely important.
The role of creditors in the bankruptcy procedure
Creditors play a key role in the bankruptcy procedure, as their claims against the debtor must be satisfied in the order determined by law and within the limits of the debtor’s available property. They have the right to:
- Participate in meetings.
Creditors have the right to participate in general meetings of creditors, where key issues of bankruptcy proceedings are considered. During such meetings, creditors can express their opinion, discuss the actions of the arbitration administrator, the procedure for selling off the debtor’s property, etc.
- Appeal decisions.
Creditors have the right to appeal the decision and actions of the arbitration administrator, as well as the decision of the commercial court, if they believe that their rights or legitimate interests have been violated. The appeal takes place in court.
- Control the manager’s activities.
Creditors have the right to monitor the work of the arbitration administrator, to demand from him reports on the work performed, expenses for the bankruptcy procedure, etc.
Support of creditors by lawyers
Legal support for creditors includes a set of measures aimed at protecting their rights and interests at all stages of bankruptcy proceedings. In particular, the main tasks of lawyers include:
- Analysis of the debtor’s financial condition and the prospects for meeting creditors’ demands.
Lawyers carefully study the debtor’s financial statements, assets and liabilities in order to assess his real solvency. Possible sources of debt repayment are also analyzed: available property, expected income, etc.
- Preparation and submission of a bankruptcy petition.
Based on the results of the analysis, the lawyers prepare a substantiated statement to the commercial court about the initiation of the debtor’s bankruptcy case. In the application, all evidence of insolvency, debt calculations, requirements for future debt satisfaction, etc. are given.
- Representation of interests in court and other instances.
Lawyers represent the interests of creditors in court hearings, actively defend their claims, justify their position with appropriate evidence.
- Complaining of illegal actions.
If the rights of creditors are violated by the actions of the arbitration manager or court decisions, lawyers timely challenge such actions and decisions in an appeal or cassation procedure.
- Control of compliance with requirements and distribution of assets.
Legal support involves constant monitoring of compliance with the order of satisfaction of creditors’ demands provided for by law. The correctness and transparency of the distribution of the debtor’s property assets among creditors is also monitored.
Choose legal support
If you find yourself in a situation where a debtor has filed for bankruptcy, it would be extremely beneficial to seek professional legal advice. The legal company “Prykhodko and partners” has many years of successful experience in representing the interests of creditors during bankruptcy procedures.
By cooperating with experienced specialists, you can be sure that your rights will be protected at the highest level at every stage of the debtor’s complex bankruptcy process.
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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
TOP lawyers dealing with such cases in Ukraine
How to order the service? How do we work?
Thanks to the experience and professionalism of bankruptcy lawyers, you will receive qualified assistance at all stages of resolving your debt situation.
Service ordering process:
- Application
- Calling a lawyer
and defining tasks - Contract and payment
- Consultation,
case analysis, specialist work
What is the price for a lawyer's consultation and assistance?
Price for services in the "Bankruptcy" category:
The name of the service | Price, UAH | Terms |
---|---|---|
Bankruptcy of an individual | from 45 000 UAH | from 6 months |
Bankruptcy of an individual entrepreneur | from 50 000 UAH | from 6 months |
Sanitation of the debtor in bankruptcy cases | from 18 000 UAH/Month | 12 months |
Restructuring of the debtor’s debts | from 4 000 UAH | 10 days |
Restructuring of PrivatBank credit card debt | from 6 000 UAH | 30 days |
Statement of claim for collection of debt by receipt | from 7 000 UAH | 30 days |
Restructuring of foreign currency loan | from 7 000 UAH | 30 days |
Removal of seizure from the debtor’s account | from 7 000 UAH | 30 days |
Response to the claim for debt collection by receipt | from 10 000 UAH | 6 months |
Bankruptcy certificate for legal entities | from 3 500 UAH | 3 days |
Writing off debts and loans | from 75 000 UAH | 3 months |
Claim for cancellation of debt for communal services | from 8000 UAH | 3 months |
from 4,000 to 244,000 UAH The price is valid for October 2024
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