How does bankruptcy work in Germany?

 

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Jan Meriss Alfonso
Assistant at Ascent Law LLC

How Does Bankruptcy Work in Germany?

Bankruptcy in Germany is a process that allows a company to make a series of arrangements with its creditors. These arrangements are approved by the insolvency manager and the court. They also give a bankruptcy debtor the ability to terminate an employee and executory contracts. The German Insolvency Code is a significant improvement over the Bankruptcy Code.

If you have any questions, you can get a free consultation with Ascent Law LLC:

Ascent Law LLC:

8833 South Redwood RoadSuite C

West Jordan, UT 84088

(801) 676-5506

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Do you need a bankruptcy lawyer? If you do, call Ascent Law for your Free Consultation (801) 676-5506 - We are here to help you.
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Location: Moab, UT 84532, USA

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