“Concordatum is an application that can be used in case of failure to pay debts or to pay in the future. It should be considered as a completely separate concept with bankruptcy. T...
THE CREDITORS MEETING AND THE REQUIREMENTS FOR ACCEPTANCE AND APPROVAL OF THE CONCORDATUM PROJECT: . The Commissioner chairs the meeting of the creditors about concordatum p...
LEASING SUBJECT: REVISION OF RETURN OF GOODS One of the issues that should be taken into consideration as a new application of concordat is whether the ...
CONCORDATUM DECISION, PROCESSING AND SALES OF PLEDGED GOODS At the request of the Borrower, the approval and sale of the pledged goods in the affirmation decision may be...
Unresulted Execution THE EFFECT OF CONCORDATUM ON UNRESULTED EXECUTIONS (308 / d): 1) The conciliation of the concordat to the parties decreases the foreclosures which are p...
What is a Creditors Board? If the court decides that a deadline is decided by the Court, a creditors’ board of creditors shall be established if the debtor’s receivables have the f...
Concordatum: Termination, Unresulted Execution Proceedings and Promises (PART 1) Partially Termination (308 / e): 1) Termination: Each creditor who has not been execute...
Concordat Provisions The concordat becomes binding with the verdict of attestation. It can also be decided that the concordant will become binding with the finalization of the verd...
1-What Is Concordatum? Concordatum is not a bankruptcy, lease method or deliberate borrowing and government asylum method. (See Behavior of Commissioner for Borrowers and Creditors...