Category: Insolvency Law

Debt becoming statute-barred

Liabilities will expire in accordance with three different periods of limitation. 1. The general period of limitation is three years. The ...

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Limited liability company´s liquidation

A Limited liability company is possible to dissolve in accordance with the rules set forth in the Limited Liability Companies ...

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How to avoid credit loss?

Everybody surely knows the situation, that contract has been concluded, service or product delivered and the client is not willing ...

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Filing of a claim in Bankruptcy

Filing of a claim in bankruptcy means a right of a creditor to secure his claim, receive settlement and use ...

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