Consumer bankruptcy Bydgoszcz

Consumer Insolvency Bydgoszcz - PMR Restructuring

What is consumer bankruptcy?

Consumer bankruptcy is a legal process designed for individuals who do not run a business and are in a difficult financial situation. Thanks to this procedure, it is possible to write off some or all of the liabilities, which allows you to regain financial balance and start a new stage of life without debts.

Who can benefit from consumer bankruptcy?

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

How does the consumer bankruptcy procedure work?

Submission of the application

The procedure begins with the submission of application for consumer bankruptcy to the district court. The application should include detailed information about the assets, liabilities and the debtor's creditors.

Legal proceedings

The court considers the validity of the motion. 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 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

After the process is completed, the debtor receives a debt relief, which means that he or she is freed from the liabilities covered by the bankruptcy proceedings.

Benefits of consumer bankruptcy

A new financial start

Consumer bankruptcy allows you to start your financial life anew, without unpayable debts.

Protection of assets

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

Realistic repayment plan

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

How can PMR Restructuring help you?

In PMR Restructuring we offer support at every stage of bankruptcy proceedings, including

Legal advice

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

Preparation of the application

We will take care of the comprehensive preparation and submission application for consumer bankruptcy, taking care of all formalities.

Support during proceedings

We provide professional support and representation before the court to ensure a smooth procedure.

Contact Us

The personal bankruptcy process can be complicated, but with the help of PMR Restructuring you can get through it efficiently and effectively. Contact us to learn more about our services and how we can help you in gaining financial breathing space.

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.