Bankruptcy Law Barcelona
At Bilanx we are a law firm specialized in bankruptcy law in Barcelona. We focus on providing legal advice and representation in situations of financial insolvency and business restructuring.
Our team of bankruptcy lawyers understands that financial insolvency situations can be difficult and stressful. For this reason we work to develop effective feasibility plans and find solutions that are beneficial to all parties involved.
Bankruptcy Law Services Barcelona
Our bankruptcy law services include:
Pre-contest advice:
We offer legal advice to our clients to help them make informed decisions before declaring bankruptcy. Our expert bankruptcy lawyers guide you in identifying potential risks and choosing the best strategy for your interests.
Bankruptcy proceedings
We offer advice and legal representation in bankruptcy proceedings, both for companies and individuals. We also resolve insolvency and restructuring proceedings.
feasibility plans
We help our clients to develop effective viability plans to ensure the long-term viability of their companies, and guide them in the implementation of these plans.
Negotiations with creditors
We provide legal advice and representation in negotiations with creditors, with the aim of securing the best possible agreements for our clients.
Bankruptcy litigation
We offer advice and legal representation in bankruptcy litigation, including the challenge of credits and liability actions against company administrators.
What is bankruptcy law?
bankruptcy law is a branch of law that focuses on the regulation of insolvency processes and business restructuring. This branch of law establishes the rules and procedures that companies and individuals must follow in situations of financial insolvency, in order to protect the interests of creditors and seek an effective solution for the economic situation of the company or individual.
Bankruptcy law encompasses a wide range of issues, including asset liquidation, debt reorganization, negotiation with creditors, and corporate restructuring. The main objective of bankruptcy law is to protect the rights of creditors and, at the same time, seek an effective solution for the financial situation of the company or individual.
In Spain, bankruptcy law is regulated by the Bankruptcy Law, which establishes the rules and procedures that must be followed in situations of financial insolvency. At Bilanx, our team of lawyers specialized in bankruptcy law in Barcelona can provide legal advice to companies and individuals on any matter related to financial insolvency and business restructuring.
Benefits of working with specialists in bankruptcy law
Working with bankruptcy law specialists can provide several benefits to companies and individuals facing financial insolvency. Here we know a few:
- Specialized advice: due to the extensive experience and knowledge in the matter, specialized legal advice is provided to companies and individuals
- Protection of the interests of creditors: Bankruptcy law specialists help companies and individuals to protect the interests of their creditors during insolvency and restructuring processes.
- Effective solutions: Through debt reorganization, sale of assets or liquidation of the company, we work closely together to find a solution that is beneficial to all parties involved.
- Protection of workers’ rights: they make sure that labor obligations are fulfilled and labor rights are respected.
Why choose us in Bankruptcy Law in Barcelona?
If you need legal advice on bankruptcy law in Barcelona, enBilanx we can help you. As we mentioned before, we have a team of lawyers who are experts in bankruptcy law with extensive experience and knowledge in the matter. Our lawyers have worked with clients from different industries and sizes, which allows us to offer an effective solution for any financial insolvency situation.
In addition, we are committed to offering effective representation focused on the success of our clients. At Bilanx, our main goal is find effective solutions for our clients’ financial insolvency situations. We work closely with our clients to develop effective feasibility plans and seek solutions that are beneficial to all parties involved.
Frequently asked questions about commercial law
When is it necessary to request advice on bankruptcy law?
Bankruptcy law advice is necessary when a company or individual faces problems of financial insolvency, inability to meet their financial obligations or when a business restructuring is needed. An attorney specializing in bankruptcy law can guide the parties involved through the process and help find effective solutions.
What is a bankruptcy?
A bankruptcy is a legal procedure that is carried out when a company or individual cannot meet its debts and is in a situation of insolvency. The process aims to protect the interests of creditors and seek an effective solution for the financial situation of the company or individual, either through debt restructuring, sale of assets or liquidation.
What is the difference between a voluntary contest and a necessary contest?
A voluntary bankruptcy is one in which the debtor, whether a company or an individual, requests the initiation of bankruptcy proceedings on his own initiative, acknowledging his insolvency situation. On the other hand, a necessary bankruptcy is one that is requested by the creditors in the face of the insolvency of the debtor and the non-payment of their debts.
What are the consequences of a bankruptcy for the company or individual?
The consequences of a bankruptcy may vary depending on the case and the result of the process. Among the possible consequences are: debt restructuring, sale of assets, liquidation of the company or signing agreements with creditors. In addition, bankruptcy may affect the reputation and creditworthiness of the company or individual in the future.
What is the role of the bankruptcy administrator?
The bankruptcy administrator is a legal figure appointed by the judge in a bankruptcy proceeding. His main function is to manage the debtor’s assets and supervise the bankruptcy process. The insolvency administrator must make a report on the financial situation of the debtor, value its assets, prepare a liquidation plan if necessary, and ultimately supervise the distribution of funds to creditors. In addition, the bankruptcy administrator can carry out actions to guarantee the continuity of the business activity during the bankruptcy process.
