At law firm Geukens - Jennen - Wouters, we offer specialised legal advice and assistance in the field of insolvency law. Our experienced lawyers are ready to advise, represent and guide you on all aspects of bankruptcy law, the Court-ordered Reorganisation Procedure (GRP) and related legal issues.
Professional Advice and Assistance on All Aspects of Insolvency Law
Our lawyers have expertise in various topics within bankruptcy law and the law on the continuity of businesses (WCO), including:
- Bankruptcy proceedings: Our lawyers are experienced in assisting both claimants and defendants in bankruptcy proceedings. We can advise you on the steps that are required to file for bankruptcy or defend against a bankruptcy petition. We also offer support in settling bankruptcies and maximising the proceeds for creditors.
- Contacts with the Trustee: During a bankruptcy, the trustee is responsible for managing the bankruptcy estate. Our lawyers can advise you on your rights and obligations towards the trustee and help you communicate and negotiate effectively with him or her.
- Drafting Declarations of Creditors: Filing a declaration of claim is an important step for creditors to claim part of the bankruptcy estate. Our lawyers can guide you in preparing a declaration of claim and ensure that your interests are protected.
- Debt rescheduling: In some cases, it may be recommended to reach an agreement with creditors to settle debts. Our lawyers are experienced in negotiating and drafting debt settlement agreements that are beneficial to all parties involved.
- Enforcement of Security Rights: If a debtor defaults, creditors can try to recover their claims from the security that has been deposited for the debt. Our lawyers can advise you on the options and procedures for enforcing security interests, such as mortgage rights or liens.
- Liberation of the Personal Guarantor: If a person has pledged as guarantor for the debts of another person, it may be possible to be released from these obligations. Our lawyers can advise you on your rights and options regarding personal security deposits.
- Assistance in bankruptcy offences: In case of suspected fraud or misuse of corporate assets during bankruptcy proceedings, our lawyers can assist you in defending such allegations and in taking legal action to protect your interests.
- Directors’ errors in the context of bankruptcies.
- Chambers for Companies in Difficulty (so-called KOIM): The Chamber for Commercial Investigations can be engaged to investigate the causes of a bankruptcy and identify any irregularities. Our lawyers can assist you in proceedings before the Chamber for Commercial Investigations and defend your interests during the investigation.
- Recovery Proceedings and Corporate Restructuring in the context of Court-ordered Reorganisation Proceedings (so-called. GRP, the new WCO): If a company is in financial difficulties, recovery procedures and corporate restructuring can be considered to ensure the continuity of the company. Our lawyers are experienced in assisting in recovery and corporate restructuring proceedings and can advise you on the best strategy for your situation.
Dedicated and Expert Legal Advice
At law firm Geukens - Jennen - Wouters, we understand the complexities and challenges of bankruptcy proceedings and related legal issues. That is why we offer transparent and effective legal advice and represent our clients with dedication and determination.
Want to know more about our bankruptcy law and GRP services and on how we can help you with your legal issues in these areas? Then don't hesitate to contact us for expert advice and a non-committal introductory meeting. Our lawyers are ready to help you represent your interests and resolve disputes.