Germany
Maximilianstr. 280539 München
Germany+49 89 4444 373-20
Kanzlei Verbracken & Partner
Corporate insolvency and business recovery
Business continuity, creditor interests and personal liability need coordinated consideration with clearly defined responsibilities.
Assess the financial position
Liquidity, due liabilities and a reliable continuation plan form the starting point. Inability to pay, impending inability to pay and over-indebtedness are different legal concepts. A possible filing duty requires immediate professional assessment.
Procedural routes and business continuity
Ordinary proceedings, an insolvency plan and debtor-in-possession administration have different conditions. Insolvency does not necessarily mean immediate closure. Continuation depends on funding, the business model and legal requirements. We organise information and coordinate the appropriate professionals.
Separate the company and its directors
Personal guarantees and liability claims do not automatically disappear with company proceedings. Company records and your personal creditor overview are therefore recorded separately and assessed together. This aligns recovery planning with your personal options.
Your situation deserves a clear next step.
We assess your circumstances personally and involve the appropriate professionals for legal and tax questions.