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Articles, Insolvency, Restructuring and Bankruptcy

How to initiate insolvency procedure against a debtor in Romania?

The insolvency procedure in Romania can be initiated as a result of a request filed to the Court by a debtor in Romania, one or more creditors in Romania, or by individuals or institutions expressly provided by law. According to the regulations of Law No. 85/2014, any creditor in Romania entitled to request the initiation […]

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By : Oct 13, 2023 Comments Off on How to initiate insolvency procedure against a debtor in Romania?
Articles

How to manage debt collection in Romania: a guide for creditors

Dealing with debt recovery can be a complex and difficult process, especially when it comes to navigating Romanias legal framework. As a leading law firm in Bucharest, Pavel, Margarit & Associates Romanian Law Firm is committed to providing leading expertise in debt recovery. In this article, we present a comprehensive guide on how creditors can […]

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By : Jul 17, 2023 Comments Off on How to manage debt collection in Romania: a guide for creditors
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