Consumer Insolvency Częstochowa

Consumer Insolvency Częstochowa - PMR Restructuring

Definition of consumer bankruptcy

Bankruptcy is a formal legal process that is available to individuals who are insolvent. The main goal of this process is to discharge some or all of your financial obligations, allowing you to regain financial stability and start a new phase without the burden of debt.

For whom is consumer bankruptcy intended?

The consumer bankruptcy procedure is suitable for people who: – Are in a difficult financial situation and are unable to repay their debts. – Do not conduct business activity.

How does the consumer bankruptcy process work?

Submission of the application

A person in debt files a claim application for consumer bankruptcy to the court with jurisdiction over the place of residence. The application should include detailed information regarding assets, liabilities and creditors.

Declaration of bankruptcy

After the application is filed, the court assesses its validity. If the application is accepted, the court announces consumer bankruptcy and appoints a trustee to manage the debtor’s assets.

Liquidation of assets

The trustee liquidates the debtor's assets and uses the proceeds to repay creditors.

Repayment plan

If the debtor has income, the court may set a repayment plan for up to three years. Once the repayment plan has been completed, outstanding debts are written off.

Debt relief

The conclusion of the consumer bankruptcy process ends with the debtor obtaining a discharge of debt, which means that he or she is released from the obligations covered by the bankruptcy procedure.

Benefits of consumer bankruptcy

A new financial start

The procedure allows you to start a new financial life without the burden of debt.

Protection of assets

It is possible to retain some of the assets necessary for normal operations.

Realistic repayment plan

The repayment plan is adjusted to the debtor's current financial capabilities.

Support offered by PMR Restructuring

PMR Restructuring offers comprehensive assistance at every stage of the insolvency process, including

Legal advice

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

Preparation of the application

We provide professional preparation and filing of an application for consumer bankruptcy, taking care of all formalities.

Support during the process

We provide support at every stage of insolvency proceedings, providing professional advice and representation before the court.

Contact Us

The personal bankruptcy process can be complicated, but with PMR support Restructuring can be done efficiently and effectively. Contact us for more information about our services and how we can help you regain financial stability.

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.