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Will you advocate bankruptcy SPECIALISTS OR CONSULTANTS SPECIALIZED IN MANAGING bankruptcy?.

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Will you advocate bankruptcy SPECIALISTS OR CONSULTANTS SPECIALIZED IN MANAGING bankruptcy?.

Law firms often advertise themselves as attorneys bankruptcy. It seems that companies, of all SMEs, which will need to be technically trained lawyers to handle a bankruptcy. It seems that the companies were all they needed a technician performing the procedure to submit to the Commercial Court the bankruptcy.

But bankruptcy is not a mere judicial proceedings. The bankruptcy must be seen within a process in which a company is in a crisis situation is played by business and everything. The company may have a good deal or not. The root of your problem may lie in corporate crisis that your business has collapsed due to lower demand or, conversely, the business is possible, the company can adapt by reducing structural costs. Maybe your problem is financial, ie, their problems are mainly due to financial constraints and this could gestioanr.

The lawyer bankruptcy specialist cares little what the reason for the business crisis, dedicated just to raise a bankruptcy legally correct.

However a management consulting firm specializing in the contest creditors do not care. The company cares more about the bankruptcy. What really matters is what is best for the company and the employer. With this approach the figure of bankruptcy is a tool for management but not the only important thing.

Arriaga Associates has treated corporate insolvency lawyer that no bankruptcy proceedings had been resolved. Of course Arriaga Associates uses excellent attorneys bankruptcy law, but his goal has never been the handling of bankruptcy but the solution to the problem of corporate insolvency. He recently saved a medium sized company in the province of Zaragoza did not have sufficient liquidity to meet its payments. They announced the Commercial Court which began to present talks to reach an arrangement with creditors. Within Arriaga obtained for that purpose Associates presented a business plan and cash that was the basis for achieving a refinancing that allowed 11 banks to avoid bankruptcy. The calm before onces banks breathed a proactive company that raised a viable plan and can now meet their commitments

In other cases, the intervention of Arriaga Associates has helped the company to improve their positions and their owners face a negotiation, an agreement or a possible settlement.

Know how to approach a possible bankruptcy so deliberately favors business positions. A bankruptcy can stop time raised to the liens and foreclosures, stop the debt and interest, provides an opportunity for the company. Also reduce the personal guarantees that an entrepreneur has to make.

But that is only possible if done timely and with a strategic focus that only a good consultant can do. A good integrated consulting lawyers, consultants and economists in his team and focuses on a higher goal.

If you think about it, also think Arriaga Associates.

Jesús María Ruiz de Arriaga

Lawyer and economist. Associate Director.

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