Business debtor support
Owing to broad experience gained in working on numerous projects involving business debt cancellation our experts have an excellent knowledge of the debt collection market and of relevant legal procedures. Our highly-qualified, efficient staff specialising in serving business clients, ensure the use of a flexible approach and a wide range of measures adjusted to the specific needs and circumstances of each company.
In this regard we offer assistance in:
- Protecting the debtor against debt collection – if debt enforcement proceedings have been initiated our actions are oriented towards halting debt collection, suspending debt enforcement proceedings and, as a result, discontinuing the enforcement by entering into arrangement with the creditor,
- Mediation, reduction of indebtedness by way of negotiations – in some cases we reduce debt via principal debt relief, or by partial or complete waiver of interest by creditors,
- Restructuring of business debts, total or partial cancellation of public-law liabilities (taxes and other liabilities),
- Recapitalization processes – we assist our clients in changing the capital structure of their businesses, e.g. in replacing debt with capital or a mezzanine-type instrument, which gives businesses a chance to reduce their financial costs or improve creditworthiness,
- Effective assistance in court and out-of-court disputes, relating in particular to actions of creditors and unreliable customers.
