⚖️ Initiation and Management of Insolvency Proceedings in the Republic of Moldova
🏛️ Our Legal Services
Our company provides a full range of legal services for the initiation and management of insolvency (bankruptcy) proceedings for companies and legal entities in the Republic of Moldova.
The main goal of these procedures is to ensure the efficient recovery of debts and the protection of creditors’ rights and interests in strict accordance with Moldovan law.
📘 What Is an Insolvency Procedure
Insolvency is a legal mechanism applied when a company is no longer able to meet its financial obligations to creditors.
The procedure is regulated by Law No. 149/2012 on Insolvency and aims to:
reorganize the debtor’s financial and business activities (if possible);
conduct an orderly liquidation of assets;
ensure fair satisfaction of creditors’ claims according to the legal order of priority.
⚙️ Key Stages of the Procedure
Filing a petition to initiate insolvency proceedings with the competent court;
Assessing the financial situation and confirming the state of insolvency;
Appointment of an insolvency administrator or liquidator by the court;
Preparation and approval of the creditors’ register;
Sale of assets and distribution of proceeds among creditors;
Closure of proceedings and deregistration of the company from the State Register.
🧾 Our Role in the Process
Our legal team provides complete representation and assistance at every stage of the process:
drafting and submitting the application for initiation of insolvency proceedings;
representing the client in court hearings;
cooperation with the insolvency administrator or liquidator;
monitoring the recovery of debts and liquidation of assets;
preparing all necessary legal documents and reports;
consulting on reorganization, liquidation, or debt restructuring.
💼 Who Can Benefit from This Service
Our services are designed for:
companies facing financial difficulties that wish to legally reorganize or liquidate their activities;
creditors seeking to initiate insolvency proceedings against their debtors;
entrepreneurs who intend to close their business lawfully and minimize financial or legal risks.
🔍 Advantages of Working With Us
✅ Extensive experience in commercial and insolvency law
✅ Transparent and legally compliant procedures
✅ Professional representation before courts and institutions
✅ Tailored legal solutions for every client
✅ Free initial consultation
📞 Contact Us
For more information or a personalized consultation regarding insolvency proceedings in Moldova, please contact us: