Avoid bankruptcy in the hotel sector Introduction Hotels are businesses seriously affected by the Covid-19 pandemic, just like other establishments in the tourism sector. The lack of mobility caused by the social alert in general, and by the restrictions imposed by the administrations in particular, caused a sudden decrease in social displacements and in the […]
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Are the courts exonerating credits of a public nature after the reform of the Bankruptcy Law? For years there has been a wide controversy regarding the applicability of the Dissatisfied Liability Exemption Benefit (BEPI) or, as it is commonly known, “Second Chance< /strong>”, to public law debts, that is, those that the debtor maintains with
Can entrepreneurs get a second chance in the face of business failure? The second chance of the entrepreneur strong> consists of an out-of-court negotiation procedure between the debtor businessman and his creditors, in order to reach an understanding on the form of payment that can benefit both parties without impoverishing the debtor. This understanding will
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How is a second chance procedure or BEPI processed? How is a second chance procedure processed according to RD 1/2020, consolidated text of the bankruptcy law? Budgets to obtain the Second Chance or BEPI The basic budget on which depends what is commonly known as Second Chance or, as scientific doctrine calls it, BEPI (Unsatisfied
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Limits to the tax liability of administrators due to cessation of company activity Article written by María Olivares Sánchez, an expert in Bankruptcy Law and published in the newspaper Economist & Jurist. The claim of the AEAT to obtain the collection of debts accumulated by inactive mercantile companies charged to their administrators is not new.
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Differences between the voluntary bankruptcy and the necessary bankruptcy Has your company entered into insolvency or has it considered declaring bankruptcy? Before focusing on the differences between both types of bankruptcy, it should be noted that the bankruptcy bankruptcy will proceed in the event of the debtor’s state of insolvency, that is, when the debtor
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Case Study An individual obtains the exoneration of more than 50,000 € of debt derived from gambling problems. Recently, a Court of First Instance of Madrid has granted a client of JLCASAJUANA the so-called Second Chance or BEPI (Benefit of Exoneration of Unsatisfied Liabilities), thus obtaining the cancellation of a financial debt of more than 50,000 € assumed with
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