Germany
Maximilianstr. 280539 München
Germany+49 89 4444 373-20
Kanzlei Verbracken & Partner
Swiss debts and international insolvency
For people with Swiss connections, domestic and international options need to be considered together. Nationality, residence and recognition are separate questions.
Personal bankruptcy and loss certificates
Swiss personal bankruptcy does not automatically eliminate outstanding debt. Loss certificates and the question of new assets can remain relevant afterwards. A comparison therefore needs to consider continuing claims and later financial recovery, not just procedural duration.
Understanding the reform status
The Federal Office of Justice states that the new personal debt-restructuring procedure cannot yet be used. Adopted amendments must be distinguished from law in force. A decision today should therefore not assume that future discharge options are already available.
EU proceedings and effects in Switzerland
A genuine COMI in a covered EU state can be relevant for Swiss nationals too. Switzerland is not a member state under the EU Insolvency Regulation. The effect of a foreign decision there requires separate review under Swiss recognition rules. We include Swiss creditors, assets and enforcement proceedings in the preparation.
Sources and legal foundations
Sources checked: 14 September 2026
Your situation deserves a clear next step.
We assess your circumstances personally and involve the appropriate professionals for legal and tax questions.