CLOSE THE COMPANY. THE ONLY ALTERNATIVE IS TO CLOSE BUSINESS BANKRUPTCY. ARRIAGA ASSOCIATES MANAGEMENT EXPERT BANKRUPTCY.
HOW TO PREVENT THE CLOSURE OF THE COMPANY: THE BANKRUPTCY.
The bankruptcy can save the company and avoid lockout. If the company has serious liquidity problems and can not attend regular payments for legal obligation and to avoid possible blame score for that reason, must apply for bankruptcy.
But if you try to avoid bankruptcy, sooner or later have to close the company but is also an arrangement with creditors, yes, much more disastrous for the company, employees, suppliers, banks, employees and the employer.
But is that bankruptcy can be used to save the company. When financial problems pile up, only with the bankruptcy debts are able to stop, raise foreclosures and executions and to reorganize the business.
A bankruptcy can be raised in time for the salvation of the company and the employer. The bankrupt company can not pay old debts, or they generate interest. These debts are paid in several years, with significant reductions. It will rehabilitate leases and supply and even prevent evictions.
In bankruptcy proceedings, and with the approval of a creditors’ agreement to raise the competition, the company can start a new era, lighter debt with more credit with creditors and with more possibilities.
The important thing is to manage well the bankruptcy. Harnessed to benefit creditors agreement. To develop a new business plan more viable. But for this you need good lawyers, excellent economists and consultants experienced in negotiating and planning.
Arriaga Associates has lawyers, economists and consultants who can manage a meeting of creditors for the benefit of the company and the employer. Arriaga Associates can finance the bankruptcy process.
Maria Jesus Ruiz deArriaga
Lawyer, economist and consultant. Associate Director.