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Is Concordat (Composition with Creditors) Available for Individuals?It can be requested for individuals regardless of whether they are merchants or not.
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What is the Difference Between Temporary and Definitive Periods?These two periods are fundamental components of the concordat process, each serving a distinct function.
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Can Shares Be Transferred During the Concordat Process?The rights of company partners to manage their shares are not restricted simply because the company is under a concordat.
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What Happens If a Concordat Is Not Approved?While the rejection of a concordat merely reopens enforcement proceedings, a bankruptcy decision announces the start of a complete liquidation process.
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