ATTORNEY BANKRUPTCY. WHAT IS THE ROLE OF A LAWYER IN A CONTEST OF CREDITORS. HOW A LAWYER CAN CONTRIBUTE TO THE COMPANY IN A COMPETITION OF CREDITORS.
THE ROLE OF THE LAWYER IN THE CONTEST OF CREDITORS AND BENEFITS THAT CAN PROVIDE.
The lawyer, a bankruptcy, not only must take to apply for bankruptcy.
A good attorney at a meeting of creditors must conduct a legal audit of the company and that the bankruptcy air can reach the responsibilities of the administrator and the employer.
But an attorney can also provide tools for funding. Looking bankruptcy, the attorney must perform an educational function with the employer for it to take the right decisions. For example, can help the entrepreneur to make decisions about which debts should or should not pay as the seat of bankruptcy these debts can go to an arrangement with creditors. In addition, the attorney for the bankruptcy proceedings, can help you ask to be lifted all embargoes and to freeze all executions. But the lawyer may inform the employer of what benefits can make the meeting of creditors and this can also serve to put pressure on banks to refinance bank debt to avoid bankruptcy.
The lawyer in the bankruptcy proceedings, should help the company manage the insolvency administrator. The insolvency administrator may hinder or help the company in bankruptcy. A good professional, a good lawyer can do a lot in this regard.
Other features of counsel for the company in bankruptcy should be to assist the employer to manage and resolve problems that the employer may result in the bankruptcy.
But perhaps you can rely on a good lawyer efforts to negotiate with banks or creditors to obtain approval of an agreement favorable to the company’s creditors.
In Arriaga Associates we have lawyers, economists, financiers and consultants who can holistically manage the bankruptcy proceedings, from the legal aspects, such as financial, such as strategic.
Arriaga Associates can finance the bankruptcy.
Jes√ļs Mar√≠a Ruiz de Arriaga
Attorney. Economist. Consultant. Expert in Bankruptcy Law.