{"id":5903,"date":"2022-06-20T18:10:48","date_gmt":"2022-06-20T16:10:48","guid":{"rendered":"https:\/\/www.consultingcheck.com\/topics\/insolvency\/5903"},"modified":"2022-12-19T23:07:08","modified_gmt":"2022-12-19T22:07:08","slug":"insolvency","status":"publish","type":"jask_topic","link":"https:\/\/www.consultingcheck.com\/en\/topics\/insolvency\/5903\/","title":{"rendered":"Insolvency: Keep your cool!"},"content":{"rendered":"\n

Insolvency is feared by all managing directors and board members. The path to insolvency<\/a> is often gradual. As a result, managing directors and board members sometimes realize the development at a very late stage. In some cases, they even suppress the step of filing for creditor protection<\/a>.<\/p>\n\n\n\n

In this situation in particular, you need a clear head in order to examine alternatives that are actually still available. In Germany, beside a regular insolvency<\/a>, insolvency proceedings in self-administration (ESUG) in accordance with section 270 a InsO<\/a> or protective shield proceedings in accordance with section 270 b InsO<\/a> are generally available. In other countries, similar models are available.<\/p>\n","protected":false},"featured_media":0,"parent":5901,"menu_order":36400,"template":"","meta":{"_links_to":"","_links_to_target":""},"jask_topic_categories":[1022],"class_list":["post-5903","jask_topic","type-jask_topic","status-publish","hentry","jask_topic_categories-insolvenz-en"],"yoast_head":"\nEffective measures in the event of insolvency- consultingcheck<\/title>\n<meta name=\"description\" content=\"If insolvency cannot be avoided, it is important to keep a cool head. It is important to take the right steps. 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