Insolvency

The current financial and employment situation has led to an increase in the number of insolvency proceedings before the different commercial courts. GVA Gómez-Villares & Atencia offers services of legal and advisory services to the business, presenting the application for voluntary insolvency to the commercial court, and also such services to the creditors, with the aim that their debts are recognised.

In our offices our maxim is to reach an agreement between insolvent debtor and creditors so that the case is resolved satisfactorily, whether by agreement between the parties or by liquidation of the debtor’s assets.

When dealing with this type of case, our lawyers comply with the general rule by which the unpaid creditor, individually but supported by GVA Gómez-Villares & Atencia, can go against the assets of the debtor in order to secure satisfaction of the debt through legal proceedings such as charging order and enforcement.

Some of the services we offer for creditors are the issuing of the claim against the debtor, appearance at auction, communication and pleading of the debt, reporting insolvency-related incidents and similar.

Presenting the application for voluntary insolvency proceedings stands out among the services we offer to the company, along with restructuring the workforce to keep the business in operation, and in general defending the interests of the insolvent company.