In such a situation, filing for bankruptcy is one of the options. This you do by lodging a petition with your local court. This can be done by either a natural person or a legal entity (i.e. a limited company). One of the requirements is that your debtor should have at least one other creditor. If you do not know if there is another creditor, you can ask our lawyers to try and find out.

Once the court has declared your debtor bankrupt, you can refer your claim to the receiver (or we can do this for you). We will then closely monitor all further developments in the liquidation process.

Where you yourself are the object of a bankruptcy petition, our lawyers can help you by compiling a realistic repayment schedule or conducting your defence in hearings (i.e. if you are contesting the petition).

what our clients say about us

Thanks to Harjo and Kelly, we opted for bankruptcy in time. It was not an easy decision, but ultimately it was the best choice for both the company and the staff. Because of them, we knew exactly what to do in this difficult situation.

Penny BuurmanBuurman & Buurman

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