Best Bankruptcy & Debt Lawyers in Italy

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SMAF & Associates law firm

SMAF & Associates law firm

Milan, Italy

Founded in 2000
7 people in their team
SMAF Associates has developed and is constantly developing into a very preeminent firm in Italy because its attorneys are top courtroom advocates,...
Italian
English
French
Spanish
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Studio legale DSC

Studio legale DSC

Bologna, Italy

Founded in 2017
10 people in their team
Our firm is made up of professionals with different academic and professional backgrounds. Over the years we have developed extensive experience in...
Italian
English
Pedersoli Law Firm

Pedersoli Law Firm

Milan, Italy

Founded in 1950
200 people in their team
Pedersoli is one of the leading independent Italian law firms. Founded in the 1950s, it operates in three offices in Milan, Turin and Rome with 49...
Italian
English
"Dyankova&Stoichevska " Law firm

"Dyankova&Stoichevska " Law firm

Verona, Italy

Founded in 1992
5 people in their team
  Dyankova & Stoichevska Law firm is  dynamic international firm specializing in legal services.We  eliminate the...
Italian
Carpitella Law Firm

Carpitella Law Firm

Verona, Italy

Founded in 2002
50 people in their team
Carpitella Law FirmThe law firm has highly qualified professionals with different training courses, which is fundamental to guarantee to the customer...
Italian
English
Grimaldi Alliance

Grimaldi Alliance

Milan, Italy

Founded in 1947
500 people in their team
Committed to providing multidisciplinary legal assistance to clients, the firm has developed a cross-departimental approach and avails itself of...
Italian
English
Avvocato penalista a Milano Federica Liparoti

Avvocato penalista a Milano Federica Liparoti

Milan, Italy

Free Consultation: 1 hour


Founded in 2023
3 people in their team
Federica Liparoti is an experienced criminal defence lawyer. Her Law firm is based in Milan. She can provide immediate legal representation in Milan...
Italian
English
Eversheds Sutherland

Eversheds Sutherland

Milan, Italy

Founded in 1988
50 people in their team
Overview of EvershedsEversheds is a different type of international law firm. We take the time to listen to your needs, understand what you do and...
Italian
English
Gattai Minoli Agostinelli & Partners

Gattai Minoli Agostinelli & Partners

Milan, Italy

Founded in 2012
50 people in their team
THE FIRM A team of more than 170 lawyers with international experience and an in-depth knowledge of the Italian marketOur historyThe Firm was...
Italian
English
White & Case LLP

White & Case LLP

Milan, Italy

Founded in 1901
5,000 people in their team
Our FirmWhite & Case is a global law firm with longstanding offices in the markets that matter today. Our on-the-ground experience, our...
Italian
English

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About Bankruptcy & Debt Law in Italy

Bankruptcy and debt law in Italy governs the legal procedures that individuals and businesses must follow when they are unable to repay their debts. The goal of these laws is to provide a framework for debt restructuring or liquidation, while also protecting the rights of creditors and debtors.

Why You May Need a Lawyer

There are several situations where it may be necessary to seek legal advice in the field of bankruptcy and debt in Italy. These include when individuals or businesses are facing insolvency, struggling to negotiate with creditors, or need to navigate complex legal processes related to debt restructuring or liquidation.

Local Laws Overview

In Italy, bankruptcy and debt laws are primarily governed by the Italian Civil Code and the Italian Bankruptcy Law. Some key aspects of these laws include the procedures for debt restructuring, the rights of creditors and debtors, the appointment of a bankruptcy trustee, and the distribution of assets in the case of liquidation.

Frequently Asked Questions

1. What are the different types of bankruptcy procedures in Italy?

In Italy, there are mainly two types of bankruptcy procedures: "concordato preventivo" (preventive agreement) and "fallimento" (bankruptcy). The preventive agreement allows debtors to negotiate with creditors to restructure their debts, while bankruptcy involves the liquidation of assets to repay creditors.

2. Can individuals file for bankruptcy in Italy?

Yes, individuals in Italy can file for bankruptcy if they are unable to repay their debts. They may also opt for debt restructuring procedures such as the preventive agreement to negotiate with creditors and avoid bankruptcy.

3. What are the consequences of bankruptcy in Italy?

The consequences of bankruptcy in Italy may include the liquidation of assets, the closure of business operations, restrictions on starting new businesses, and limitations on obtaining credit in the future.

4. How long does the bankruptcy process typically take in Italy?

The duration of the bankruptcy process in Italy can vary depending on the complexity of the case, the cooperation of creditors and debtors, and the efficiency of the legal system. It may take several months to several years to complete the process.

5. Are there alternatives to bankruptcy in Italy?

Yes, there are alternatives to bankruptcy in Italy, such as debt restructuring procedures like the preventive agreement. These alternatives allow debtors to negotiate with creditors to restructure their debts and avoid the liquidation of assets.

6. How can a lawyer help in bankruptcy and debt cases in Italy?

A lawyer with experience in bankruptcy and debt law can provide legal advice, represent clients in negotiations with creditors, prepare legal documents, navigate court proceedings, and ensure that their rights are protected throughout the process.

7. Can creditors force a debtor into bankruptcy in Italy?

Yes, creditors in Italy can file a bankruptcy petition against a debtor if they are owed a significant amount of money and the debtor is unable to repay the debt. The court may then initiate bankruptcy proceedings against the debtor.

8. What is the role of a bankruptcy trustee in Italy?

A bankruptcy trustee in Italy is appointed by the court to oversee the bankruptcy process, liquidate the debtor's assets, distribute the proceeds to creditors, and ensure that the bankruptcy proceedings are conducted in accordance with the law.

9. Are there any protections for debtors in Italy?

Yes, debtors in Italy have certain legal protections, such as the ability to negotiate with creditors, the right to propose a debt restructuring plan, and the right to seek legal advice and representation throughout the bankruptcy process.

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

You can find a reputable bankruptcy and debt lawyer in Italy by seeking recommendations from trusted sources, conducting online research, contacting local bar associations, and scheduling consultations with potential lawyers to discuss your case and determine their expertise and experience.

Additional Resources

For additional resources related to bankruptcy and debt in Italy, you may consider contacting the Italian Ministry of Justice, the Italian Banking Association, or local legal aid organizations that provide assistance to individuals in need of legal advice and representation in debt-related matters.

Next Steps

If you require legal assistance in bankruptcy and debt matters in Italy, the next step is to schedule a consultation with a qualified bankruptcy and debt lawyer who can evaluate your case, explain your legal options, and guide you through the legal process to protect your rights and interests.

Disclaimer:
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.