Dept & Bankruptcy

Our Practice Areas

Bankruptcy is a complex and challenging area of law that requires a high level of expertise and experience. At I.E Papaioannou, we are well-equipped to provide services to client in Greece and Internationally who are facing financial difficulties and are considering bankruptcy as a possible solution.

Overview

Our legal team has extensive experience in all aspects of bankruptcy as well as recovery debt law, including legal and regulatory framework governing related proceeding in Greece, the roles and responsibilities of the different parties involved and the various options available to debtors.

We work closely with our clients to assess their financial situation and advice them on the best course of action. This may include alternatives to bankruptcy, various types of bankruptcy proceeding available under Greek law as well as possible solution for debt recovery after financial difficulties.

If bankruptcy is the best option for our clients, we provide guidance and support throughout the entire process, from the initial filing of the bankruptcy petition to the discharge of debts. We assist with the preparation of all necessary documentation, including the bankruptcy petition, the list of creditors, and the debtor’s assets and liabilities. We also provide representation in court and before the bankruptcy trustee, ensuring that our clients’ interests are protected throughout the process.

Additionally, we can provide assistance with all aspects of debt recovery, including pre-litigation negotiations, court proceedings, and enforcement of judgments. In the pre-litigation stage, we work closely with our clients to attempt to resolve the debt dispute through negotiation or mediation, aiming to achieve a satisfactory settlement for all parties involved.

Our debt recovery services are not limited to domestic debts, but also cover the recovery of debts owed by foreign entities or individuals. We have significant experience in cross-boarder debt recovery and can assist clients with the recognition and enforcement of foreign judgments in Greece or the initiation of legal proceedings against foreign debtors in Greece.