martes, 28 de mayo de 2013

Options after the credit is presented to the Court´s Administrators

1. Being part of the process. This option will provide us with the potential to remain on top of new procedures or changes within the process, implement future actions, to vote for an agreement and the possibility to regain part of the invested money from the bankruptcy or the administrators’ personal assets and liabilities. In all probability, this option will lead to a time consuming and at times desperate process. However, this is the only option that could lead to recuperation of the money. 2. Withdraw from the process. This option represents giving up and leads without a doubt to losing the invested money. In case of withdrawal from the process there would not be any possibility whatsoever of participating in the procedures of bankruptcy. This means that we would lose the right to defend your credit in any of the future phases of process. At the same time, we are aware of the present overall economic status and the fact that this concrete issue might complicate the situation. This is exactly the reason why we have established equal fees which in any case are reduced to a minimum. In addition, these fees do not only include the procedures we undertake within this bankruptcy case but also those of other areas such as penalty law.

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