Arbitration administrator in the insolvency case in the Kirovohrad region
Many companies are well acquainted with crises and bankruptcy. If in the last century the crisis was a temporary and purely economic phenomenon, then after 2008 the world lives in a post-crisis reality. A decrease in the company's profit can be caused by many factors, both external and internal. Competitive wars, globalization, the general decline of the economy have always been risks, as well as the incompetence of company management. However, regardless of the reasons for the decrease in solvency, bankruptcy proceedings may be initiated for the enterprise.
Arbitration manager in accordance with the legislation of Ukraine
According to the current legislation of Ukraine, both the debtor company and the creditor can initiate the possibility of applying to the court to declare the company bankrupt. In the case of a rapid deterioration of the financial situation, an increase in payables and a decrease in solvency, the first step is to contact an experienced crisis manager for an analysis of the financial and economic activity of the enterprise.
Ukrainian legislation does not have the specialty 'crisis manager', and the auditor can only provide a conclusion on the current state of the enterprise without further recommendations on restoring solvency. Instead, the receiver is a qualified professional who has undergone specialized training and obtained a license in accordance with the requirements of the law and will provide qualified services for the debtor company.
Duties and Roles of the Arbitration Manager in the Kirovohrad Region
As an official of the enterprise, the arbitration manager is obliged to perform functions related to ensuring the economic activity of the company and document flow, identifying creditors, carrying out rehabilitation, organizing the process of selling the debtor's property and liquidation of the enterprise. In case of detection of violations of the law, he must notify representatives of law enforcement agencies.
In the bankruptcy procedure, the arbitration administrator acts as a property manager, rehabilitation manager and liquidator.
As a disinterested person acting within the framework of the Law, the arbitration administrator has the right to send requests for the purpose of obtaining the necessary information from state registers, receive materials from other legal entities, and, in certain cases, involve specialized structures .
Analysis of the situation from the position of the arbitration manager in the Kirovohrad region
The analysis of the situation from the position of the arbitration administrator consists in a comprehensive study of the financial state of the enterprise, identification of creditors, assessment of assets and liabilities, identification of reasons for reduced solvency, as well as development and implementation of a rehabilitation or liquidation plan. The arbitration administrator ensures the correctness of the document flow, organizes the process of selling the debtor's property, conducts negotiations with creditors, and in case of detection of violations of the law, notifies law enforcement authorities.
Services of the Arbitration Manager in the Kirovohrad Region
- Consulting on preparation for the bankruptcy procedure and conducting the procedure itself.
- Formation of a package of documents for initiating the bankruptcy procedure.
- Preparation and submission of an application to the commercial court to initiate a bankruptcy case.
- Participation in court sessions.
- Publication of an announcement about the opening of bankruptcy proceedings in the mass media.
- Compilation of the register of creditors.
- Participation in holding or organization of creditors' meetings.
- Conducting an audit of the debtor.
- Implementation of the debtor's liquidation procedure.
- Measures for finding the property, property rights and assets of the debtor.
- Opening a liquidation account, closing the debtor's accounts in banks and financial institutions.
- Inventory and property assessment.
- Sale of property through public auctions.
- Compilation of liquidation balance sheet.
- Writing the liquidator's report.
- Destruction of the seal and transfer of founding and financial and economic documents to the archive.
- Receiving an extract from the Unified State Register of Legal Entities and FOP with a record of the state of the legal entity.
Price for the services of the Arbitration Manager
The cost of bankruptcy services may vary depending on the complexity of the case and the amount of assistance required. Our pricing system is transparent, allowing you to clearly understand all costs. We have successfully helped many clients in the bankruptcy process, ensuring maximum protection of their rights. Do not leave your company on the verge of bankruptcy without proper support! Contact an arbitration manager today! We will help you go through all stages of the bankruptcy procedure and restore financial stability.
Arbitration trustee in bankruptcy procedure
The arbitration administrator, appointed by the court to lead the process of restructuring the enterprise, develops a restructuring plan, which describes measures to restore solvency. This plan includes settlement with creditors, sale of inefficient assets and implementation of economic measures to bring the enterprise out of crisis. The arbitration administrator has broad powers that allow him to effectively use all the necessary tools to restore the financial stability of the enterprise.
Liability of the arbitration administrator
If, after an independent assessment of the enterprise's activity conducted by the arbitration administrator, the restoration of solvency proves impossible, the court proceeds to the third stage - liquidation of the enterprise. At this stage, the debtor's property is assessed, the settlement with creditors is made, and the enterprise's activities are terminated.
We note that the arbitration manager is responsible for his activities in accordance with the law. Therefore, it is important to pay attention to the experience, specialization and qualifications of the arbitration administrator. By trusting professionals, you will ensure effective resolution of crisis situations, regardless of the reasons for their occurrence.
Choosing an arbitration administrator for a bankruptcy case in the Kirovohrad region is a key decision that can significantly affect the outcome of the procedure.
To ensure effective recovery of the company's solvency, it is important to contact an experienced specialist. Here are some key aspects to look out for:
- Check the experience and qualifications of the arbitrator. Learn about successful remediation plans, customer testimonials, professional achievements, and certifications. It is important to know how well the specialist handles such cases in order to ensure the appropriate level of professional assistance.
- Review the reviews, case studies and publications of the arbitrage manager to assess his competence and reputation in the market.
- Choose an arbitration administrator who offers an individual approach, thorough analysis of the situation and comprehensive consideration of all the nuances of your case to ensure effective recovery of the enterprise.
Advantages of cooperation with the Arbitration manager in the legal marketplace ""Consultant"" in the Kirovohrad region
Each bankruptcy case is unique, so we offer an individual approach to solving it. Our arbitration managers:
- They have many years of experience in successfully managing bankruptcy and rehabilitation procedures.
- Our goal is to achieve the optimal result for restoring the company's solvency.
- We guarantee full confidentiality of all the information you provide us, and we are always ready to listen to your wishes.
- Ensure comprehensive support - from preparation of documents to representation of interests in court and management of the liquidation process.
Contact us today for professional support in the bankruptcy process in the Kirovohrad region!
We provide an individual approach, comprehensive support and effective management. Call +380637375800!
How to use the services of an arbitration administrator:
- Use the convenient online form to order our services without leaving your home. Specify the required services and our team will contact you shortly.
- Call us: get professional advice now!
- Come to our office for a personal consultation and discuss the details in a comfortable environment!
Conclusion
The receiver plays a key role in the bankruptcy process of the company, carrying out duties covering the analysis of the financial condition, the management of the assets and conducting the liquidation procedure, if necessary. His professional activity is regulated by the legislation of Ukraine, which allows to ensure transparency and legality in all stages of the process. The choice of an experienced arbitration administrator is an important decision that can significantly affect the outcome of the case, providing an optimal solution to financial difficulties and restoring business stability. Having trusted professionals, companies get a chance not only to survive in difficult conditions, but also to return to the path of development and prosperity.
