Consumer Bankruptcy Wrocław

Consumer Bankruptcy Wrocław - PMR Restructuring

What is consumer bankruptcy?

Consumer bankruptcy is a legal procedure that allows individuals who do not run a business to get out of debt in the event of permanent insolvency. It is a chance to write off some or all of your obligations, which allows you to regain financial stability and start a new life without debts.

Who can benefit from consumer bankruptcy?

Consumer bankruptcy is available to people who: – Are insolvent and unable to repay their debts. – Do not conduct business activity.

How does the consumer bankruptcy process work?

Submission of the application

The first step is filing a petition for consumer bankruptcy to the district court. The application must include detailed information about the assets, liabilities and the debtor's creditors.

Legal proceedings

The court considers the application. If it finds it justified, it announces consumer bankruptcy and appoints a trustee who takes over the management of the debtor’s assets.

Liquidation of assets

The receiver proceeds to liquidate the debtor's assets and uses the proceeds to repay creditors.

Repayment plan

If the debtor has income, the court may establish a repayment plan for up to three years. After the repayment plan is completed, the remaining unpaid debts are written off.

Debt relief

Once the process is completed, the debtor is discharged, which means that he or she is free from the liabilities covered by the bankruptcy proceedings.

Benefits of consumer bankruptcy

A new beginning

Consumer bankruptcy allows you to start your financial life anew, free from debts that were impossible to repay.

Protection of assets

In some cases, it is possible to retain some of the assets necessary for daily functioning.

Realistic repayment plan

A repayment plan adapted to the debtor's actual financial capacity.

How can PMR Restructuring help you?

At PMR Restrukturyzacja we offer comprehensive assistance in the field of: consumer bankruptcy, including:

Legal advice

Our experts will help you understand the personal bankruptcy process and assess whether it is the right solution for your situation.

Preparation of the application

We will prepare and submit the application for consumer bankruptcy, taking care of all formalities.

Support during proceedings

We will support you at every stage of the insolvency proceedings, offering professional advice and representation before the court.

Contact Us

Consumer bankruptcy can be a complicated process, but with the help of PMR Restrukturyzacja, you can get through it efficiently and effectively. Contact us to find out more about how we can help you in obtaining a fresh financial start.

The administrator of your personal data provided in the contact form is PMR Restrukturyzacje S.A. with its registered office in Warsaw. The personal data provided will be processed in order to respond to your enquiry. Information about your rights, the legal basis for processing your personal data and the period for which your data is stored »are here.