German Insolvency proceedings - we assist you in filing of your claims - a guideline
Our investigations (databases) can result in fact that insolvency proceedings of the debtor are initiated or that such proceedings are pending with a court.
Please note that there is no guarantee that actually at present no proceedings are pending or opened, since the publishing of these information may be delayed by the authorities or the handling by publishing into the databases. Therefore our inquiries may show at first that no proceedings are pending or opened, but that some time later a court order can be found with an earlier date of institution of proceedings.
We will provide you with the corresponding court order as soon as it is available.
In such a situation it is no longer possible to sue the debtor at the court or to proceed in court proceedings any more. Court proceedings will be interrupted by law until the end of bankruptcy proceedings.
To prosecute your claim it is necessary to file a proof of debt to the receiver or trustee in bankruptcy/administrator (to file the claim to the list of creditors' claims). It is possible to file the claim up to the first meeting of the creditors scheduled by the court.
For such proceedings we need
- the invoices
- statement of claim
- special PoA (proxy) Power of Attorney
- Filing of your claim to the administrator
- Securing of priority interests
- Checking payment proposals
- Reporting on the status of the proceedings
- Monitoring payments by debtor and deadlines
- Favorable conditions from 80-550 EUR depending on the amount of the claim, up to 10 invoices
- Prompt and fast service