Best Bankruptcy & Debt Lawyers in France

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Arago
Paris, France

Founded in 2006
English
Arago is an independent law firm based in Paris, France, specializing in business law. Established in 2006, the firm offers comprehensive legal services to private companies, public entities, and individuals, addressing a wide range of legal and tax needs. The firm's expertise encompasses corporate...
Pierredon Avocat
Ville-di-Pietrabugno, France

Founded in 2021
English
Pierredon Avocat, led by Maître Margaux Pierredon, offers comprehensive legal services in civil law, commercial law, corporate law, insolvency proceedings, enforcement procedures, and family law. With offices in Bastia and Paris, the firm serves clients throughout Corsica and across...

Founded in 2007
English
Renault Thominette Vignaud & Reeve is a Paris-based law firm offering comprehensive legal services in mergers and acquisitions, venture capital, private equity, corporate law, and corporate finance. The firm's partners, including Olivier Renault, Renaud Thominette, Maxime Vignaud, and Jason Reeve,...

English
Willkie Farr & Gallagher LLP, an esteemed international law firm, extends its distinguished legal services to France, providing clients with exceptional expertise across a broad spectrum of practice areas. Renowned for their proficient handling of complex legal matters, the firm's French office is...
BPS Avocats
Besançon, France

Founded in 1998
English
Established in 1982 in Besançon, BPS Avocats has evolved into a prominent business law firm, offering comprehensive legal services tailored to the needs of companies and entrepreneurs. The firm's expertise spans various domains, including corporate law, tax law, labor and social security law,...
Montceau-les-Mines, France

Founded in 1982
English
GALLAND & ASSOCIES stands out in the French legal landscape with its comprehensive suite of specialized services, catering to a diverse clientele with both precision and care. Located in the heart of France, the firm excels as a formidable team of attorneys who possess deep expertise across various...

Founded in 2013
English
Peltier Juvigny Marpeau & Associés stands as a prominent legal institution in France, known for its exceptional expertise in the realm of business law. The firm is distinguished by its deep understanding of complex legal frameworks and its ability to navigate multifaceted cases with precision and...
BTD Associés - Avocats
Paris, France

Founded in 2014
English
BTD Associés is a Paris-based law firm dedicated to providing comprehensive legal services tailored to the unique needs of each client. The firm offers expertise in corporate law, mergers and acquisitions, commercial law, real estate, labor and employment law, and restructuring of distressed...
Paris, France

Founded in 1986
English
Quinn Emanuel is a distinguished law firm in France, renowned for its unparalleled expertise in litigation and arbitration. With a robust team of seasoned attorneys, the firm is committed to tackling complex legal challenges and delivering favorable outcomes for clients. Their specialization...
LX Innovations
Paris, France

English
LX Innovations stands at the forefront of legal expertise in France, encompassing a broad spectrum of practice areas to deliver comprehensive legal solutions. Known for its specialization in bankruptcy, civil law, and divorce, the firm offers precise, strategic counsel tailored to meet the unique...
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About Bankruptcy & Debt Law in France

Bankruptcy and debt laws in France are governed by the French Commercial Code. These laws provide legal mechanisms for individuals and businesses to deal with overwhelming debt and financial difficulties. Bankruptcy, also known as "redressement judiciaire" in French, is a legal process where a debtor is unable to pay their debts and seeks protection from creditors. Debt relief options in France include debt restructuring, liquidation, and reorganization.

Why You May Need a Lawyer

There are various situations where you may need a lawyer specializing in bankruptcy and debt law in France. Some common scenarios include:

  • Dealing with creditors and negotiating debt repayment plans
  • Filing for bankruptcy or debt restructuring
  • Defending against creditor lawsuits or collection actions
  • Understanding your legal rights and options in debt-related matters

Local Laws Overview

Key aspects of bankruptcy and debt laws in France include:

  • Strict regulations governing bankruptcy proceedings
  • Legal protections for debtors against aggressive creditor actions
  • Debt restructuring and liquidation options for individuals and businesses
  • Requirements for declaring bankruptcy and seeking debt relief

Frequently Asked Questions

1. What is the difference between liquidation and debt restructuring in France?

In France, liquidation involves selling off assets to pay creditors, while debt restructuring aims to reorganize debts and establish a repayment plan.

2. Can individuals file for bankruptcy in France?

Yes, individuals in France can file for bankruptcy if they are unable to repay their debts.

3. How long does the bankruptcy process typically take in France?

The bankruptcy process in France can vary depending on the complexity of the case, but it usually takes several months to complete.

4. Are there alternatives to bankruptcy in France?

Yes, there are alternatives to bankruptcy in France, such as debt restructuring and negotiation with creditors.

5. Will filing for bankruptcy affect my credit score in France?

Yes, filing for bankruptcy in France will have a negative impact on your credit score, which can affect your ability to borrow money in the future.

6. Can creditors seize my assets if I file for bankruptcy in France?

Creditors may be able to seize certain assets to repay debts in a French bankruptcy proceeding.

7. Can I discharge all types of debt through bankruptcy in France?

Not all debts can be discharged through bankruptcy in France, such as child support payments and certain tax debts.

8. Do I need a lawyer to file for bankruptcy in France?

While it is not required by law to have a lawyer when filing for bankruptcy in France, it is highly recommended to have legal representation to navigate the complex legal process.

9. What are the costs associated with filing for bankruptcy in France?

There are court fees and legal costs associated with filing for bankruptcy in France, which can vary depending on the complexity of the case.

10. How can I find a reputable bankruptcy and debt lawyer in France?

You can search for reputable bankruptcy and debt lawyers in France through legal directories, bar associations, and referrals from trusted sources.

Additional Resources

For more information on bankruptcy and debt in France, you can contact the French Ministry of Justice or consult the National Bar Council for a list of qualified lawyers specializing in this field.

Next Steps

If you require legal assistance with bankruptcy and debt matters in France, it is advisable to schedule a consultation with a qualified lawyer to discuss your options and determine the best course of action for your situation.

Lawzana helps you find the best lawyers and law firms in France through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Bankruptcy & Debt, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in France - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.