Bankruptcy

Insolvency Information

JUDICIAL UNPAID DEBTS REGISTER: We are insolvency specialists. We have compiled here the most important information to help you follow the steps to wind up a company in Spain,…

Enforcement and Attachments in Insolvency Proceedings

No-Asset Insolvency Proceedings

Special Insolvency Proceedings for Micro-Enterprises

Special procedure for micro-enterprises: The special micro-enterprise procedure is a "unique insolvency mechanism, specially tailored" and "characterised by maximum procedural…

Discharge of Public Debt in Insolvency Proceedings

CAN DEBTS OWED TO THE Spanish Tax Authority AND Social Security BE DISCHARGED IN INSOLVENCY PROCEEDINGS? The new Insolvency Act 2022 expressly states that public credit, whether…

Express Insolvency Proceedings

Requirements for an Express Insolvency Procedure Article 470 of the Consolidated Insolvency Act (TRLC) provides that a judge may order the conclusion of the insolvency proceedings…

How Much Does Insolvency Proceedings Cost

COST OF INSOLVENCY MEDIATION The cost of insolvency mediation shall not exceed the fee received by the insolvency mediator, as set out in the Consolidated Insolvency Act (TRLC):

Pre-insolvency proceedings & second chance: specialist lawyers

What is an out-of-court payment agreement?

An out-of-court payment agreement may be requested while a refinancing agreement is being negotiated with creditors. It is an application for the appointment of an insolvency…

What Is a Payment Refinancing Agreement?

A debtor, whether an individual or a legal entity, who is currently or imminently insolvent and has not yet been declared bankrupt may enter into a refinancing agreement with…

Bankruptcy proceedings in Spain: Lawyer's advice

THE EXTRAJUDICIAL PAYMENT AGREEMENT TO KEEP THE COMPANY

Pre-Insolvency Proceedings, Express Insolvency & Creditors' Meetings

WHEN SHOULD I FILE FOR INSOLVENCY OR PRE-INSOLVENCY PROCEEDINGS?

Second Chance Lawyer Barcelona | Conesa Legal

The second chance mechanism and the discharge of unpaid debts, outlined in Article 486 and subsequent articles of the Bankruptcy Law, help individuals overcome perpetual,…

Judicial auction in insolvency proceedings

INSOLVENCY LAWYERS AND THE NEW LEGISLATIVE MEASURES IN RESPONSE TO COVID-19 Ask us anything you need, or find all the information about insolvency proceedings, pre-insolvency…

Insolvency Lawyer: Classification of Claims in Bankruptcy

Articles 269 et seq. of the Spanish Insolvency Act set out a classification of claims that is useful both for lawyers specialising in insolvency proceedings and for those taking…

Culpable or Fortuitous Insolvency Proceedings

Insolvency proceedings will be classified as culpable when: Article 443 of the Spanish Insolvency Act: Where the debtor has misappropriated all or part of their assets, that…

Extrajudicial Settlement of Payments - Second Chance Lawyer

THE BEPI: Article 178 bis of the former Bankruptcy Law (Ley Concursal) is to be found today in Article 486 and the following articles of the new consolidated text of the…

Consequences of Business Succession in an Insolvency Sale

Keeping Jobs: Alternatives to dismissal

Social Security CONTRIBUTION EXEMPTIONS – SIXTH ADDITIONAL PROVISION OF ROYAL DECREE-LAW 8/2020 Loss of contribution exemptions for workers covered by a Temporary Layoff Procedure…

collective dismissal in Insolvency – Employment Aspects of the New Law

EMPLOYMENT LAW ASPECTS OF THE NEW INSOLVENCY ACT