Debt & Insolvency Advice Lichtenstein | SIC Debtor Insolvency Center e. V

We have been offering insolvency advice in Lichtenstein for many years. Insolvency proceedings can possibly drag on for up to three years. It is important to be well advised throughout its course. As part of the advice on a company insolvency, you will first be explained in a strategy discussion and plan how the insolvency proceedings actually work. As a debtor, there are numerous ways for you to influence the insolvency proceedings.

Debt & Financial Advice in Lichtenstein - For startups and young companies

Of course, initial financial advice is also required. Especially for startup and new businesses. Newly founded companies in particular take on a lot of entrepreneurial debt in the growth phase. Even if these do not necessarily lead to company insolvency, they represent a significant burden on business operations.

As part of the consultation, it is important to find out how the company can get along well with the financial strategy in the future. Debt capital is a simple form of financing, but definitely not the most sustainable.

The insolvency advice begins with the insolvency plan drawn up by the insolvency court. During the consultation, all questions must be brought to the table. It is also necessary to evaluate whether there are any prospects for the company at all. In most cases, however, restructuring can succeed. A change in the composition of assets and liabilities is sought, for example the sale of assets. To this end, all parties to the insolvency proceedings must participate constructively. Since everyone involved is pursuing a common goal, it is necessary to find a good compromise together. Anyone looking for advice on debt must therefore always be prepared to make concessions and give up their own ideas.

Advice on personal bankruptcy in the Stuttgart area

Personal bankruptcy in Lichtenstein usually follows a fixed procedure:

Out-of-court attempt to reach an agreementApplication for the opening of insolvency proceedingsAttempt to reach an agreement in courtExecution of the insolvency proceedingsGood behavior phase (The good behavior phase lasts a total of three years.)Residual debt discharge

>> This regulation of the good conduct phase applies to all insolvency applications filed after September 30, 2020. The debtor does not have to have paid a certain minimum proportion of his debt for this.

Whether before or after the insolvency, whether it is about your company or you as a private individual - if you live in Lichtenstein and have a problem with debt, you are cordially invited to contact our debt counseling service. We are not only there for you in Lichtenstein, but nationwide.