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KY Partners Law provides professional legal support for safeguarding creditor rights and managing bankruptcy processes with a team of experts specializing in the protection and collection of commercial and individual receivables. Debt collection and bankruptcy processes are not only financial disputes but also complex legal procedures. To safeguard creditor rights and offer effective solutions, we are here with a legal team that understands the requirements of commercial life.
The main services we provide in debt collection and receivable tracking processes are detailed below:
The legal processes must be meticulously managed to ensure that creditors can secure their receivables from debtors. Comprehensive support is provided by our expert lawyers in both disputed and undisputed receivable collection processes to ensure that debts are regularly tracked and legally collected. By offering both fast and result-oriented solutions in receivable collection processes, we protect creditor rights most effectively.
Initiating enforcement proceedings for the collection of receivables is a crucial step to legally secure creditor rights. Our law firm provides effective enforcement services for initiating seizure processes on the debtor's assets, requesting seizure, and protecting creditor rights. In this process, we offer comprehensive services in the seizure of movable and immovable property and identifying other asset elements of the debtor.
To secure receivables, pledging, collateralizing, or mortgaging the debtor's assets is an important method of security. Our firm provides guidance in pledge and mortgage transactions to secure credits, debts, and other financial obligations. We carefully manage every step to ensure the legal validity of pledges and mortgages and protect our clients' rights in the event of the debtor's bankruptcy.
Obtaining injunctive measures to protect creditor rights and prevent potential risks on the debtor's assets is a critical phase of the legal process. With an injunction, transactions on the debtor's assets can be halted, and creditors can avoid losses. KY Partners Law has expertise in obtaining and enforcing injunctive measures and manages all stages of the process while protecting its clients' interests.
The main services we provide in bankruptcy law processes are detailed below:
If the debtor fails to fulfill their financial obligations, bankruptcy proceedings and lawsuits commence. Our firm provides strong representation in bankruptcy lawsuits to safeguard creditor rights and ensure quick receivable collection. We provide comprehensive legal support to protect creditor rights and mitigate the effects of bankruptcy during the litigation process.
Bankruptcy suspension or postponement processes may be legally allowed to enable the debtor to improve their financial situation. During this process, we conduct the necessary legal procedures to protect creditor rights and ensure that the debtor's restructuring plans do not harm creditor interests. We provide effective consultancy services on behalf of creditors in monitoring and auditing the debtor's plans during bankruptcy postponement or suspension.
To reorganize the debtor's financial structure and fulfill obligations to creditors, we also advocate for creditor rights in concordat processes. We provide extensive services for monitoring concordat requests, protecting creditor rights during court proceedings, and opposing concordat requests.
In the event of debtor bankruptcy, the ranking of creditors in the bankruptcy estate and the distribution of claims require legal precision. Our expert team represents our clients comprehensively in the participation process of the bankruptcy estate, ensuring creditor rights are prioritized, claims are collected, and equitable distribution among creditors is achieved.
In bankruptcy proceedings, creditors' meetings, debt restructuring, and creating payment plans are vital to protecting creditor rights. We provide legal guidance in preparing payment plans that protect creditors' interests and reviewing new restructuring proposals that the debtor may offer. We are with you at every stage to safeguard and represent creditors' interests during creditors' meetings.
