Business Insolvency
Legal solutions for companies in financial crisis and reorganization processes.
Contact UsBusiness Insolvency
Business insolvency provides legal tools for companies in financial crisis to reorganize and maintain operations, or to liquidate in an orderly manner. Our team advises on all processes under Law 1116 of 2006.
We accompany companies in negotiating reorganization agreements with creditors, filing applications before the Superintendence of Companies, and defending debtor rights.
We also represent creditors in insolvency proceedings, ensuring their claims are properly recognized and paid according to legal priority.
Problems We Solve
Business liquidity crisis
Inability to meet current financial obligations threatening business continuity.
Creditor pressure
Executive lawsuits, seizures, and precautionary measures that hinder normal business operations.
Liquidation risk
Economically viable companies with temporary financial problems facing permanent closure.
Credit loss as creditor
Creditors who don't recover their investments due to inadequate representation in insolvency proceedings.
Our Approach
Financial-Legal Diagnosis
Comprehensive evaluation of financial and legal situation to determine the best insolvency strategy.
Creditor Negotiation
Structuring and negotiating payment agreements that allow business viability.
Formal Process
Representation before the Superintendence of Companies in reorganization or judicial liquidation proceedings.
Frequently Asked Questions
When it cannot meet two or more obligations for over 90 days, or has two or more executive lawsuits. Also when imminent inability to pay is projected.
Not necessarily. Reorganization allows the company to continue operating while restructuring debts. Liquidation only occurs when there is no economic viability.
Executive proceedings are suspended, no new collection lawsuits can be filed, and default interest is interrupted. This provides breathing room to negotiate.
Agreement negotiation must be completed within 4 months maximum. Agreement fulfillment can extend up to 10 years depending on negotiated terms.
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