Consultant

Legal consultations 24/7

Open
image

Bankruptcy of an individual in Ukraine

Greetings 👋

My name is Alexander, I am your personal manager. Let me help you!

image
image
BASE (basic) 6.1
advertisement
Симиренко Ганна
Симиренко Ганна
Lawyer
Ukraine / Kyiv

i

Reading time: 16 minutes Total views: 106
Rate:
0
Publication date: 06.07.2024

Лоер

Bankruptcy of an individual in Ukraine

Bankruptcy of an individual is a complex and multi-step procedure that allows debtors to solve their financial problems in a legal way. In Ukraine, this procedure is regulated by legislation that defines the procedure and conditions for declaring a natural person bankrupt. In this article, we will consider the main aspects of bankruptcy of individuals in Ukraine, the role of lawyers and advocates in this process, as well as the cost of legal services.

Question

How is the bankruptcy procedure for individuals in Ukraine carried out?

Answer

The bankruptcy procedure of natural persons in Ukraine is regulated by the Code of Ukraine on Bankruptcy Procedures, which entered into force on October 21, 2019. This regulatory act establishes the grounds on which an individual may be declared bankrupt and the procedure for conducting bankruptcy proceedings.

Grounds for bankruptcy of an individual 

Inability to repay debts: A person cannot fulfill his obligations to creditors within two months.

Indebtedness: The amount owed to creditors exceeds 30 minimum wages.

Existence of executive proceedings: Executive proceedings have been opened against the person, but their execution did not lead to repayment of debts.

The role of lawyers in the bankruptcy procedure of individuals

The bankruptcy procedure of an individual is complex and requires professional legal support. Bankruptcy lawyers provide advice and assistance at all stages of the process.Basic services of bankruptcy lawyers

  1. Bankruptcy consultation: Legal advice on bankruptcy issues includes an analysis of the debtor's financial condition, an assessment of the prospect of declaring bankruptcy, and the development of a strategy for exiting the financial crisis.
     
  2. Preparation of documents: Lawyers help prepare the necessary documents for filing bankruptcy, including a statement to the court, a list of creditors, a description of property, etc.

  3. Representation of interests in court: Personal bankruptcy lawyers represent the client's interests in court, providing legal protection and support during the entire bankruptcy process.

  4. Interaction with creditors: Bankruptcy lawyers organize negotiations with creditors, help to reach agreements on debt restructuring or settlement agreements.

  5. Control over the execution of court decisions: Lawyers monitor the execution of court decisions related to the distribution of the debtor's property and the satisfaction of creditors' demands.

The cost of personal bankruptcy services

Bankruptcy of individuals - the price of procedures depends on many factors, including the complexity of the case, the amount of debt, the number of creditors and other circumstances. On average, bankruptcy of individuals in Ukraine can cost from 10,000 to 50,000 hryvnias or more. The cost of legal services includes consultations, preparation of documents, representation in court and other types of legal assistance.

 

Turnkey bankruptcy of individuals

Some law firms offer a "turnkey personal bankruptcy" service, which includes a full range of bankruptcy legal services, from consultation to completion of the bankruptcy procedure. This allows the debtor to get all the necessary help in one place, which simplifies the process and ensures an effective result.

Bankruptcy lawyer

A bankruptcy attorney is a key professional who provides legal support to individuals and businesses in the bankruptcy process. In Ukraine, bankruptcy lawyers help debtors to solve financial problems, protect their rights and interests, and also ensure that the procedure complies with the law. In this section, we will consider the main functions and role of a bankruptcy lawyer in Ukraine.

The role of a bankruptcy attorney

A bankruptcy attorney plays an important role in the bankruptcy process, providing legal support and guidance at all stages of the process.The main tasks of a bankruptcy attorney include:

  1. Consultation and assessment of the situation: The first step is to provide a bankruptcy consultation, during which the lawyer assesses the client's financial condition, analyzes his debt and develops a strategy for exiting the crisis. Bankruptcy legal advice helps the client to understand the possible solutions to the problem and choose the best way.

  2. Preparation of documents: The lawyer helps the client collect and prepare all the necessary documents for filing a bankruptcy petition. This includes drawing up an application, preparing a list of creditors, a description of the debtor's property, financial reports and other necessary documents.
     
     
  3. Interaction with creditors: A lawyer organizes negotiations with creditors, helping to reach agreements on debt restructuring, settlement agreements or other forms of dispute resolution. This allows you to minimize the negative consequences for the client and find a compromise solution.

  4. Monitoring and control: After the court decision is made, the lawyer monitors the fulfillment of all conditions and decisions related to bankruptcy. It ensures the proper execution of court decisions, the distribution of the debtor's property, and the satisfaction of creditors' demands.

  5. Protection of client rights: A bankruptcy lawyer ensures the protection of the client's rights at all stages of the procedure.This includes representation of interests in court, participation in inspections and audits, resolution of disputed issues with creditors and other interested parties.
     

Advantages of contacting a bankruptcy attorney 

There are a number of benefits to hiring a bankruptcy attorney, including:

  1. Professionalism and experience: Bankruptcy lawyers have in-depth knowledge in the field of bankruptcy and considerable experience in solving similar cases. This allows them to effectively protect the client's interests and achieve positive results.

  2. Reducing stress and risks: Bankruptcy proceedings are difficult and stressful for the debtor. A lawyer helps to reduce this stress by taking over all the legal aspects of the process and ensuring that the client is protected from possible risks and mistakes.

  3. Effective problem solving: Thanks to the professional help of a lawyer, the client can effectively solve his financial problems, avoid unnecessary costs and losses, and also ensure proper protection of his rights and interests.

  4. Saving time and resources: A bankruptcy lawyer helps the client to quickly and efficiently go through all stages of the bankruptcy procedure, saving time and resources that can be spent on other important matters.

Bankruptcy assistance

Bankruptcy assistance is a set of services provided by attorneys and lawyers to ensure the effective and legal passage of the bankruptcy procedure of an individual. This process includes various stages and aspects, from the initial consultation to the completion of legal proceedings and enforcement actions. Below we will consider the main areas of assistance in bankruptcy.

Basic bankruptcy assistance services

  • Initial bankruptcy consultation: The first step is an initial bankruptcy consultation, where the lawyer assesses the client's financial situation, analyzes the debt and develops a strategy for getting out of the financial crisis. This allows the client to understand all possible solutions to the problem and choose the most optimal way.
  • Analysis and planning:
    A bankruptcy lawyer helps to draw up a detailed action plan, which includes debt analysis, asset evaluation, identification of potential risks and development of a strategy for debt repayment or restructuring of liabilities.
  • Escort in court: A bankruptcy lawyer represents the client's interests in court, protects his rights and ensures the correct application of the law. This includes submission of necessary evidence, participation in court sessions, preparation of procedural documents.
  • Negotiations with creditors: Bankruptcy lawyers organize and negotiate with creditors, helping to reach debt restructuring or settlement agreements. This allows you to reduce the financial burden on the debtor and find a compromise solution that will satisfy all parties.
  • Monitoring and control of execution of court decisions: After the court decision is made, the lawyer monitors the fulfillment of all conditions and decisions related to bankruptcy. It ensures the proper execution of court decisions, the distribution of the debtor's property, and the satisfaction of creditors' demands.
     

Advantages of professional assistance in bankruptcy

  1. Efficiency and professionalism: Turning to specialists ensures high-quality service provision, effective problem solving and a professional approach to each case.

  2. Protection of rights and interests: Personal bankruptcy attorneys protect the rights and interests of the client at all stages of the procedure, minimizing risks and ensuring a fair result.
    Minimizing stress and financial losses:
    Bankruptcy proceedings can be stressful and difficult for a debtor. Professional help can reduce stress and avoid unnecessary financial losses.

  3. Saving time and resources: Bankruptcy lawyers help to quickly and efficiently go through all stages of the bankruptcy procedure, saving the client's time and resources, which can be spent on other important matters.
  4. If you are seeking comprehensive, high-quality, and professional legal assistance with the issues listed below, please contact the lawyers and attorneys on our website. They will help you understand all the details: assistance in bankruptcy procedures, bankruptcy advice, assistance in filing bankruptcy, legal assistance in bankruptcy, bankruptcy lawyers for individuals, bankruptcy of individuals to order, bankruptcy of individuals services, bankruptcy of individuals lawyer services, bankruptcy of individuals legal services, bankruptcy services for individuals, bankruptcy of individuals on a turnkey basis, bankruptcy of individuals, bankruptcy individuals in Ukraine, bankruptcy of individuals price, bankruptcy lawyer Kyiv, legal advice on bankruptcy.
     
Conclusion

Bankruptcy of individuals in Ukraine is an important legal tool for solving financial problems. Thanks to the professional assistance of lawyers and bankruptcy attorneys, individuals can effectively go through the bankruptcy procedure, bankrupt individuals, bankruptcy price, protect their rights and start a new financial life. If you find yourself in a difficult financial situation, contact bankruptcy professionals who will provide qualified help and support at every stage of the process.

image
It could be interesting

Similar services and articles

image
receive a service

In the CONSULTANT mobile app

Secure Transaction

As a Client, you are freed from all financial risks when collaborating with Contractors, as the payment amount is reserved by our service and is paid to the Contractor only after receiving confirmation from you about the completion of the stage.

If the service is not provided, the funds are returned to you. The service takes on all financial risks and acts as a guarantor and custodian of funds, and in case of disputes between the parties, acts as an independent Arbitrator.

Your money is in safe hands!

image
Reviews

From Real Users

  • АН
    Андрій

    Звертався щодо ситуації з СЗЧ. Дуже допомогли – грамотно оформили позицію, підготували пояснення для слідства.

  • ВІ
    Віктор

    Оформлював ОГД після поранення. Все зробили швидко – допомогли з документами, пояснили порядок дій, підтримка була з перших хвилин.

  • НА
    Настя

    Чіткий сервіс, грамотні юристи. Я зверталась по аліментному спору – все вирішили без суду, що дуже важливо.

  • ОЛ
    Олександр

    Оперативно отримала консультацію по штрафу з податкової. Підказали, як правильно оскаржити і виграти.

  • МА
    Марія

    Допомогли скласти договір оренди і врахували всі ризики.Зробили доволі швидко, співпрацею задоволена

  • ОЛ
    Олексій

    Отримав якісну консультацію щодо реєстрації ФОП. Все чітко, зрозуміло, професійно і без води. Рекомендую!

  • СЕ
    Сергій

    Звернувся за консультацією з господарського спору. Отримав чіткий план дій і готові документи. Дуже задоволена послугами

image
Top 10

PRO consultants

All consultants
  • PREMIUM 75.56 Топ 1
    image

    Студенцов Олександр

    Lawyer Ukraine / Kyiv
    і
  • PREMIUM 68.31 Топ 2
    image

    Grytsai Mykola Igorovich

    Lawyer Ukraine / Kyiv
    і
  • PREMIUM 59.94 Топ 3
    image

    Borevych Mariia

    Lawyer Ukraine / Kyiv
    і
  • PREMIUM 55.59 Топ 4
    image

    Одинцова Валерія

    Lawyer Ukraine / Kyiv
    і
  • PREMIUM 52.76 Топ 5
    image

    Baladyha Serhiy

    Lawyer Ukraine / Kyiv
    і
  • PREMIUM 49.34 Топ 6
    image

    Макеєв Дмитро

    Lawyer Ukraine / Kremenchuk
    і
  • PREMIUM 48.51 Топ 7
    image

    Khyzhavska Olesia Yaroslavivna

    Lawyer Ukraine / Khmelnitsky region
    і
  • PREMIUM 39.19 Топ 8
    image

    Миколаєнко Олена

    Lawyer Ukraine / Kyiv
    і
  • PREMIUM 38.62 Топ 9
    image

    Molchanov Oleg Viktorovich

    Attorney Ukraine / Kyiv
    і
  • PREMIUM 37.79 Топ 10
    image

    Yulia Palagina Volodymyrivna

    Lawyer Ukraine / Kharkov region
    і

We verify each specialist who signs up for our service and ensure the high quality of our services.
CONSULTANT - is a clear and largest ranking of lawyers and attorneys so that everyone can choose the best specialist in the right place and at the right time.

The rating of lawyers is formed on the basis of positively completed orders, your feedback, ratings
and comments. The rating cannot be bought: it is formed exclusively by users. TTherefore, if you need services, advice or preparation of documents from the best lawyers and attorneys - you can confidently trust our specialists!

image
bonuses

Contact us for a free consultation

Take the questionnaire and get ₴500.00 for a consultation

Answer the questions below and we will instantly transfer the ₴500.00 to your first consultation in the CONSULTANT mobile application. This means that the consultation will be will be absolutely free, and the lawyer will receive payment from our service. This ensures a quick and high-quality answer from several specialists at once. Examples of such of such consultations can be found below. Bonus accruals are limited in time, so do not do not delay - take immediate action!

  • 0 days
  • 0 hours
  • 0 minutes
  • 0 seconds
  • ukraine Ukraine +380
  • poland Poland +48
  • england United Kingdom +44
  • usa United States +1
  • other Other +
image

Thanks for registration!

Submit your questions via the mobile app

  • Do you need a military lawyer or attorney?
  • Have you previously sought legal assistance?
  • Is your question related to documents or contracts?
  • Do you plan to go to court in the near future?
  • Do you need legal support for a transaction (purchase, rent, etc.)?
  • Do you have official documents related to your issue?

Cookies And Privacy

We use our own and third-party cookies to personalize content and to analyze web traffic.