Consumer over-indebtedness
Consumer debt restructuring procedure, minor composition, controlled liquidation.
Discharge of the impecunious debtor: those unable to offer any value to creditors can obtain a one-off discharge from their debts.
Drafting of the application to the competent Crisis Composition Body (OCC Trento and Rovereto) and management of relations with the appointed Crisis Manager.
Negotiated settlement of the crisis
For companies in financial distress that are not yet insolvent, the negotiated settlement allows discussions with creditors under the guidance of an independent expert at the territorially competent Chamber of Commerce. Going-concern value and continuity of operations are preserved.
Roles held
On the roll of Crisis Managers at the Crisis Composition Body of Trento and Rovereto.
Out-of-court management of NPLs (Non-Performing Loans) and UTPs (Unlikely To Pay).