Insolvency Administration
Restructuring · Business Continuation · Optimal Creditor Satisfaction
We support companies in economic crises.
Our goal: Restructuring, business continuation and optimal creditor satisfaction – with over 43 years of experience.
Our office organization is set up to take over insolvency proceedings of companies with ongoing business operations of any size at any time. The continuation and restructuring of businesses as well as the protection of creditor interests and employee concerns are our top priority.
Respectful treatment of those affected and the personal exercise of the insolvency administrator's office are important to us. We take into account and preserve the existing know-how and structures of the company wherever possible.
Types of Proceedings
We handle all types of insolvency proceedings – tailored to your situation
Standard Insolvency
The classic insolvency procedure for companies and self-employed individuals. We take over the administration and realization of the insolvency estate in the interest of all parties involved.
- Orderly settlement
- Maximum creditor quota
- Legal certainty
Self-Administration
In self-administration (§ 270 InsO), the management remains in office. We accompany as trustee and support the restructuring.
- Management stays
- Faster decisions
- Image protection
Protective Shield Proceedings
The protective shield procedure (§ 270d InsO) offers the possibility of restructuring under court protection in case of imminent insolvency.
- Early restructuring
- 3 months protection period
- Own insolvency plan
Insolvency Plan Proceedings
With an insolvency plan, companies can be restructured and continued. We develop customized plan concepts.
- Restructuring in proceedings
- Creditor vote
- Debt relief
Consumer Insolvency
Private individuals can also become insolvent. We accompany consumer insolvencies with the goal of debt discharge.
- Debt discharge
- Enable fresh start
- Fair settlement
Special Insolvency Proceedings
For special cases such as estate insolvencies or insufficient assets, we offer specialized solutions.
- Estate insolvency
- Insufficient assets
- Special cases
Insolvency Procedure Process
From application to procedure completion
Application
The procedure begins with the insolvency application at the competent local court. We are appointed as preliminary insolvency administrator.
Preliminary Administration
We secure the assets, examine the economic situation and prepare an expert opinion on the restructuring capability.
Opening
With the opening of proceedings, we take over full administration. Creditors are requested to register their claims.
Reporting Date
At the reporting date, we inform creditors about the situation and vote on the further course of action.
Examination Date
The registered claims are examined and determined. This forms the basis for later distribution.
Realization & Distribution
The insolvency estate is realized and the proceeds are distributed to creditors according to the legal ranking.
Information for Stakeholders
Specific information for all parties involved
For Companies
Are you in an economic crisis? Early action opens up more options.
- Confidential advice
- Review of all restructuring options
- Discrete handling
- Quick ability to act
For Creditors
As a creditor, you are entitled to transparent information and the best possible satisfaction.
- Online procedure information (GIS)
- Regular reports
- Claim registration
- Creditor meetings
For Employees
Securing jobs is our top priority. We inform you transparently.
- Insolvency money advice
- Business continuation
- Social plan negotiations
- Transfer companies
Your Contacts
Experienced lawyers for insolvency and restructuring law
Hildegard A. Hövel
Founder & Owner
Claudia Berg
LawyerJannik Sommer
LawyerDo you need professional legal advice?
Our experienced lawyers are at your service
With over 35 years of experience in insolvency administration and estate management, we offer you competent advice and reliable solutions for your legal challenges.