Interpretation of CEIDG survey results

Summary:
– If most of the questions in the section are answered I and II answered affirmatively – restructuring may be necessary.
– If the answers in Part III predominate positive – there is a chance of reaching an agreement.
– If Part IV also indicates readiness – it is worth contacting an advisor to develop an action plan.

I. Should you take restructuring measures?

Most answers: YES/NO
Your financial situation indicates a significant risk of insolvency. You should immediately consider initiating restructuring proceedings. Delays could lead to bankruptcy and increase your personal liability.

Mixed answers (i.e. neither has an advantage YES/NO or YES/NO )
Warning signs are present. We recommend a thorough analysis and a review of the financial situation with a restructuring advisor as soon as possible. The analysis will ultimately answer the question of whether it is necessary to initiate restructuring proceedings or whether it will be sufficient to consider less formal remedial measures.

Most answers: YES/NO
Currently, there are no signs of a need for restructuring. However, it's important to always be one step ahead of problems, so we recommend ongoing monitoring of the situation and implementing an early warning system that will allow for corrective action to be taken as soon as the first symptoms appear.

II. Do you have the potential to reach an arrangement with your creditors?

Most answers: YES
You have a realistic chance of reaching an arrangement with your creditors. Effective communication with creditors, implementation of restructuring measures, continued business operations, and a willingness to cooperate with a restructuring advisor are key factors in your success.

Most answers other than YES or NO
We recommend conducting an in-depth economic analysis and discussing a feasible negotiation strategy. Restructuring with partial debt relief is possible, but it is necessary to thoroughly consider the strategy for implementing restructuring measures and consider all existing alternatives, including those other than initiating restructuring proceedings.

Most answers: NO
Currently, reaching an arrangement with creditors can be difficult. Other options are worth considering: restructuring, suspending operations, voluntary sale of assets, or, in extreme cases, bankruptcy or liquidation.

General recommendation

If the majority of your answers in Part I of the survey indicate financial problems, and in Parts II and III there is at least a partial ability to continue operations, implement corrective actions and repay liabilities, contact a restructuring advisor for an in-depth analysis. 

End

Based on your survey responses, we can initially determine whether restructuring is the right path for you. The survey results and conclusions are presented above. Whether the results indicate that restructuring is the best solution for you, or whether the outcome is inconclusive, don't wait and take action.