Debt advice & insolvency advice in Stuttgart | SIC Debtor Insolvency Center e. V

We have been offering insolvency advice for the greater Stuttgart area for many years. Insolvency proceedings can last up to three years. It is important to be well advised throughout its entire course. As part of the consultation for a company insolvency, we will first explain to you in a strategy discussion and plan how the insolvency proceedings will proceed in the first place. For you as a debtor, there are numerous ways to influence the insolvency proceedings.

Debt & Financial Consulting in Stuttgart - For Startups and Young Companies

Of course, intensive financial advice is also needed, especially for young companies. Newly established companies in particular take on many business debts during the growth phase. Even if these will not necessarily lead to a company insolvency, they do represent a considerable burden for business operations.
 

As part of the debt counseling, it is important to find out how the company can manage with the individual strategy discussion 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 Stuttgart 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 inability to pay, whether it is about your company or you as a private individual - if you live in the Stuttgart area and have a problem with debt, you are cordially invited to contact our debt counseling service. We are not only there for you in the Stuttgart area, but even nationwide.