Consumer Bankruptcy Radom

Consumer Bankruptcy - PMR Restructuring

Definition of consumer bankruptcy Consumer bankruptcy is a formal legal process that applies to individuals who are in financial trouble and unable to repay their debts. The purpose of this process is to have some or all of their debts discharged, allowing them to regain financial stability and start a new chapter without the burden of debt.

Who can benefit from consumer bankruptcy?

The consumer bankruptcy procedure is intended 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

The debtor files a consumer bankruptcy application to the court with jurisdiction over their place of residence. The application should include detailed information about assets, liabilities and creditors.

Legal proceedings

After considering the application, the court assesses its validity. If the application is accepted, the court declares consumer bankruptcy and appoints a trustee to manage the debtor's assets.

Liquidation of assets

The trustee begins liquidating the debtor's assets in order to satisfy the 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 end of the consumer bankruptcy process ends with the debtor regaining financial liquidity, which means that he is

Advantages of consumer bankruptcy

A new financial start

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

Protection of assets

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

A realistic repayment plan

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

Support offered by PMR Restructuring

PMR Restrukturyzacja offers comprehensive support at every stage of the consumer bankruptcy process, including:

Legal advice

Our experts can help you understand the consumer 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 required formalities.

Support during the process

We provide support at every stage of consumer bankruptcy proceedings, ensuring professional advice and representation in court.

Contact Us

The consumer bankruptcy process can be complicated, but thanks to PMR support Restructuring can be successfully navigated. Contact us for more information about our services and how we can help you regain financial stability.

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