Declaring business bankruptcy involves a court procedure, Hence, the conditions to be met are described in detail in the law, more specifically in the Bankruptcy Law. This act regulates against whom and under what circumstances bankruptcy may be declared, as well as what specific information must be included in the bankruptcy petition in order for it to proceed.
It is important that the bankruptcy application is complete, then you can count on a faster examination of the case, and at the same time avoid the return of the application. In addition, a comprehensively prepared application will facilitate work for the trustee at the stage of the actual bankruptcy proceedings.
It is also important how bankruptcy petition can be submitted. In 2021, the National Debt Register (KRZ) was introduced - an IT system for handling bankruptcy and restructuring proceedings. All procedural documents related to the proceedings bankruptcy, including court decisions on declaring bankruptcy are currently issued in this system. All correspondence (with a few exceptions) is also handled using this system. In order to be able to use National Register of Indebted Persons you must have a user account. Importantly, an entrepreneur who wants to file for bankruptcy can only do so using the aforementioned system. However, you can use the help of a professional attorney who will file such an application on your behalf and represent you during the bankruptcy proceedings within your own KRZ system user account.
So if your company has become insolvent, or maybe your contractor has found himself in such a situation and you don't know what steps to take. Our experienced advisors will prepare for you bankruptcy petition in accordance with applicable regulations and based on many years of experience, thanks to which you will avoid the return of the application and maintain the full formality of the entire procedure.
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