Are enforcement proceedings imminent or already underway (seizure of movable property and/or
wages)?
Are debt assumptions from former self-employment imminent or already underway?
Are you afraid to open your mailbox or answer the door?
Or have you stopped opening your mail altogether?
Then it would be advisable to consider filing for debt settlement proceedings, or personal bankruptcy!
PERSONAL BANKRUPTCY EXPLAINED BRIEFLY AND SIMPLY:
Filing an application with the competent district court:
- Application for a payment plan: Creditors are offered a reasonable quota in 60 or 84 monthly installments. The monthly installment depends on income or the minimum subsistence level, taking into account any care obligations.
- Application for a skimming procedure (= salary execution)
- with a 3-year repayment plan (please note: limited until 2026)
- with a 5-year skimming plan
- Submission of a list of assets
For further and more detailed information, please make an appointment with my law firm!
It should be noted that in the skimming procedure, even with a repayment rate of 0%, residual debt discharge can be granted if all rules, including proof of intensive efforts to find suitable employment, have been fulfilled!
Information about the conclusion:
Following the retirement of my colleague Dr. Michl Münzker, I have taken over his ongoing cases, his contacts and client referrals, as well as his long-standing employee who specializes in this field, so that I can continue to guarantee the smooth handling of private bankruptcies that has been customary for decades, thereby enabling your economic rebirth.
You can find an overview of the entire process at the following links:
www.oesterreich.gv.at/de/themen/steuern_und_finanzen/privatkonkurs
www.wko.at/insolvenzrecht/privatinsolvenz-faq
www.arbeiterkammer.at/beratung/konsument/geld/privatkonkurs
www.ksv.at/insolvenz/wissen-ueber-privatinsolvenzen