Best Bankruptcy & Debt Lawyers in Russia

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Avakov Tarasov & partners
Moscow, Russia

Founded in 1994
15 people in their team
English
Russian
AVAKOV TARASOV & partners (ATpLaw)  is a medium size Russian law firm, based in Moscow. ATpLaw provides legal, tax consulting and accounting services in Russia. We assist foreign companies and their Russian subsidiaries as well as private individuals on all legal and tax issues....
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Founded in 2000
50 people in their team
Russian
English
Pavlova&Partners law firm was established in 2000.Pavlova&Partners law firm’s lawyers and attorneys are leading Russian legal universities (Moscow State University, Moscow State Legal Academy, Russian School of Private Law) graduates and have a serious professional practice...
Extradition Law Firm
Moscow, Russia

Founded in 2014
17 people in their team
English
Russian
Ukrainian
Belarusian
Polish
German
Extradition Law Firm is a boutique law firm specializing in the areas of extradition defense, criminal defense, human rights and migration law in the Russian Federation, Ukraine, and internationally. Our English-speaking criminal attorneys also represent our clients in countries abroad, including...
FPK Alternative
Novosibirsk, Russia

Founded in 2000
50 people in their team
Russian
English
There are often situations in life when you need the services of a qualified lawyer who is used to asking the right questions and getting results .The Alternative company has been operating in the legal services market since 2013. The general director and founder of the company is Kanunnikov Anton...
Ivanyan and Partners
Moscow, Russia

Founded in 2006
50 people in their team
Russian
English
Since 2006, we have been providing legal assistance to business owners, state corporations, private clients and not-for-profit organisations. Our key competences are supporting complex investment projects and deals and resolving complicated disputes, including cross-border and international...
Dolgovnet
Novosibirsk, Russia

Founded in 2000
50 people in their team
Russian
English
Our company has been in business for more than 5 years, during our work more than one million debts have been written off from clients, there are fully completed procedures with complete debt write-off, areas of work: collection of documents for filing an application to the court to declare a...
Law firm Zarya
Novosibirsk, Russia

Founded in 2000
50 people in their team
Russian
English
During this time, our lawyers have helped many clients throughout Russia. Long distances are not a hindrance for the company; its design practice covers over 70 constituent entities of the Russian Federation. We are constantly expanding the geography of our activities, opening up new opportunities...
Alrud
Moscow, Russia

Founded in 1991
50 people in their team
Russian
English
ALRUD is one of the leading full service Russian law firms, serving domestic and international clients.We stand for high quality advice, excellent service and rigorous ethical standards.Established in 1991 by Senior Partners Maxim Alekseyev and Vassily Rudomino, ALRUD is widely recognized as one of...
Mesto Prava
Omsk, Russia

Founded in 1991
50 people in their team
Russian
English
ABOUT COMPANY“Mesto Prava” is a dynamically developing law firm that provides a full range of legal services to represent the interests of individuals and legal entities, including legal services to support insolvency (bankruptcy) procedures.The main goal of our company is to provide...
Kazakov and Partners
Moscow, Russia

Founded in 2003
50 people in their team
Russian
English
The non-profit company Kazakov and Partners, Attorneys at Law was founded in April 2003 Noginsk town in Moscow Region in accordance with the Federal Law On Advocacy and the Bar of in Russian Federation, with the purpose of providing competent legal assistance...
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About Bankruptcy & Debt Law in Russia

Bankruptcy and debt law in Russia govern the legal processes and procedures for individuals and businesses facing financial difficulties. These laws provide a framework for debt restructuring, repayment plans, and bankruptcy filings to help debtors manage their financial obligations.

Why You May Need a Lawyer

You may need a lawyer in cases of complex debt negotiations, bankruptcy filings, or disputes with creditors. A lawyer can provide legal advice, represent you in court, negotiate with creditors on your behalf, and navigate the legal system to protect your rights and interests.

Local Laws Overview

Russian bankruptcy laws are primarily governed by the Federal Law on Insolvency (Bankruptcy) and the Civil Code of the Russian Federation. Some key aspects of local laws relevant to bankruptcy and debt in Russia include the types of bankruptcy procedures available, creditor rights and protection, debt repayment plans, and the role of bankruptcy trustees.

Frequently Asked Questions

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

In Russia, individuals and legal entities can file for either bankruptcy (fully or partially) or financial rehabilitation. Each procedure has its own requirements and implications for debtors and creditors.

2. How can a lawyer help me with debt negotiation with creditors?

A lawyer can negotiate with creditors on your behalf to reach a debt settlement or repayment plan that is favorable to you. They can also protect your rights and provide legal advice throughout the negotiation process.

3. What are the consequences of filing for bankruptcy in Russia?

Bankruptcy filing in Russia can result in the liquidation of assets, debt discharge, and restrictions on future financial activities. It is important to understand the implications before proceeding with a bankruptcy filing.

4. Can creditors take legal action against me for unpaid debts in Russia?

Yes, creditors can take legal action to recover unpaid debts through debt collection proceedings, asset seizures, or bankruptcy filings. A lawyer can help you defend against creditor actions and protect your rights.

5. How long does the bankruptcy process take in Russia?

The duration of the bankruptcy process in Russia can vary depending on the complexity of the case, the type of bankruptcy procedure, and the cooperation of all parties involved. It can range from several months to several years.

6. What are the options for debt restructuring in Russia?

Debt restructuring options in Russia include debt refinancing, debt repayment plans, debt settlements, and financial rehabilitation procedures. A lawyer can help you explore these options and choose the best solution for your financial situation.

7. How can I find a reputable bankruptcy lawyer in Russia?

You can find a reputable bankruptcy lawyer in Russia by asking for recommendations from friends or colleagues, checking online reviews, contacting local bar associations, or seeking referrals from legal aid organizations.

8. What are the eligibility criteria for filing for bankruptcy in Russia?

To file for bankruptcy in Russia, individuals must meet certain eligibility criteria, such as being insolvent and having debts that exceed a certain threshold. Legal entities must also meet specific requirements under Russian bankruptcy laws.

9. Can I file for bankruptcy without a lawyer in Russia?

While it is possible to file for bankruptcy without a lawyer in Russia, it is not recommended due to the complexity of the legal procedures and potential consequences. A lawyer can help you navigate the process and protect your rights during bankruptcy proceedings.

10. How much does it cost to hire a bankruptcy lawyer in Russia?

The cost of hiring a bankruptcy lawyer in Russia can vary depending on the complexity of the case, the lawyer's experience, and the legal fees charged. It is important to discuss fees and payment terms with your lawyer before engaging their services.

Additional Resources

For more information on bankruptcy and debt in Russia, you can contact the Federal Tax Service, the Ministry of Economic Development, or legal aid organizations such as the Russian Bar Association or the Consumer Rights Protection Society.

Next Steps

If you are facing financial difficulties or considering bankruptcy in Russia, it is important to seek legal advice from a qualified bankruptcy lawyer. They can help you understand your options, protect your rights, and guide you through the legal processes to achieve a favorable outcome for your financial situation.

Lawzana helps you find the best lawyers and law firms in Russia 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 Russia - 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.