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Entrepreneur as a creditor

The entrepreneur as a creditor

The crisis is causing a tsunami of unpaid invoices and bankruptcies. Entrepreneurs are at a loss with their unpaid invoices. In case of bankruptcy, the Entrepreneur is obliged to file a declaration in the Register of Solvency (REGSOL). As receivers, Bruno Schoenaerts and Alain Van den Cloot know that most entrepreneurs do not succeed in this process, thereby significantly reducing their chances of recovery.

It is essential to make a correct declaration by invoking the correct business rights, privileges, and assets to which the privilege applies. This is constantly violated. The deadlines are also prescribed and must be respected. Those who invoke a property right must do so before the first minutes of inspection; otherwise, the receiver will no longer take it into account. Declarations made after a year are considered time-barred. However, property rights connected to a mortgage ranking can still be invoked.

Thus, the office of Schoenaerts & Partners has become a niche office with the sole specialization in insolvency law and in all its facets. The office assists companies in difficulty in all aspects that concern them and offers a clear and ready-made solution for every insolvency problem.

Clear language and clear reporting are considered a sign of respect by the office. Trust is the basic requirement for an optimal relationship between lawyer and client, between you and your legal assistance provider. The office guarantees a highly specialized service.

Frequently asked questions for entrepreneurs as creditors

What should a business owner do when a customer goes bankrupt?

As a creditor, you must file your claim correctly and on time through the REGSOL platform.

Why is a correct declaration in REGSOL so important?

Without a correct and timely declaration, as a creditor, you lose the right to repayment or priority in distribution.

What rights can a business owner invoke in bankruptcy?

You can invoke privileges, mortgages or liens, provided you do so correctly and in a timely manner before the first record of verification.

What happens if the return is late or incomplete?

Late or incorrect returns are rejected. Some rights may be lost permanently as a result.

How does Schoenaerts & Partners help entrepreneurs as creditors?

We ensure correct filing, optimal use of business rights and maximum protection of your claims in bankruptcy.

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