Insolvency Law – Solutions for Financial Problems, Debt Relief, and Bankruptcy
What is Insolvency Law?
Insolvency law focuses on addressing situations where individuals or legal entities are unable to meet their financial obligations. The goal of insolvency proceedings is to fairly and efficiently resolve this situation, either through bankruptcy, reorganization, or debt relief (personal bankruptcy). Insolvency law respects both the protection of the debtor's rights and the fair satisfaction of creditors' claims.