Corporate bankruptcy is a procedure where cash proceeds from the sale of a corporation's assets are distributed to its creditors based on their priority and debt amount when the court declares it bankrupt due to the inability of the corporation to repay all of its debts with its own resources. To apply for corporate bankruptcy, the eligibility should be confirmed, application documents prepared, and creditor lists prepared.
Legal review and financial accounting services are also required, as issues such as breach of trust are raised depending on the case. VEAT Law Firm helps individuals and corporations to take a leap forward again by providing accurate, viable legal information and services to those facing economic and financial difficulties.
- Preparation of bankruptcy application documents
- Preparation of minutes of board resolutions on bankruptcy
- Financial audit
- Preparation of various materials for explanation