ATTORNEY ATTORNEY BANKRUPTCY. BANKRUPTCY ATTORNEY. BANKRUPTCY ATTORNEY. LAWYER IN SUSPENSION OF PAYMENTS. ARRIAGA ASSOCIATES, ATTORNEYS, ECONOMISTS AND CONSULTANTS, EXPERTS IN THE MANAGEMENT OF BANKRUPTCY.
BANKRUPTCY LAWYERS, LAWYERS IN BANKRUPTCY LAWYERS IN BANKRUPTCY, ATTORNEYS BANKRUPTCY.
Many entrepreneurs have not yet learned that the best way to solve the problems of lack of liquidity, insolvency, bankruptcy request. The employer does not want to hear about the bankruptcy. But know that if the illiquidity situation is not resolved soon, sooner or later will come the collapse of the company.
Many entrepreneurs confuse the problem with the solution. When a company is going severe liquidity and solvency should think that this situation is indeed the problem. To solve this problem we must propose solutions. Among the most effective solutions is the bankruptcy.
If the company can not solve its liquidity and solvency, sooner or later, the meeting of creditors or the bankruptcy is inevitable.
If the company uses bankruptcy time more likely you are to save the company, the employer’s responsibility to save and restore the prestige.
Why bankruptcy might be the solution?
If a bankruptcy show up on time all debts to suppliers, banks, public finance and social security will stop. From the moment the judge approves the bankruptcy proceedings, not only will not be paid or the debt or the interest, but paralyzed and rise all liens and foreclosures.
Since that time the company will not pay the debt until the agreement is not approved. Then payments will be made in the years to be approved and take off to be agreed.
Could rehabilitate even supply contracts and rental, and rehabilitation evictions.
For months the company will continue charging their customers and, perhaps, from the second or third month, will pay the new debts that are generated.
The employer will maintain control of the company and whether to approve the arrangement with creditors, the company will raise the competition and will recover its prestige.
However, no time to go ask the bankruptcy can be disastrous. The later urging bankruptcy protection more difficult it will save the company since its effects may be irreversible. If the contest is not what the employer calls, any creditor can. The competition will do nothing to save the company and perhaps also to save the employer. This is most at risk of losing control of the company and that the contest is found guilty with the possible consequence that the employer or manager may be sentenced to respond with their own personal assets of corporate debts.
Arriaga Associates is a consulting firm of consultants and lawyers capable of handling a bankruptcy. Their professionals can even avoid bankruptcy itself with the refinancing of the company or they can use wisely the bankruptcy to save the company and the employer’s responsibility.
Jes√ļs Mar√≠a Ruiz de Arriaga
Lawyer, economist and consultant. An expert in bankruptcy law.