Best Restructuring & Insolvency Lawyers in Feira
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Portugal Restructuring & Insolvency Legal Questions answered by Lawyers
Browse our 4 legal questions about Restructuring & Insolvency in Portugal and read the lawyer answers, or ask your own questions for free.
- Can Portuguese tax authorities hold me personally liable for unpaid company taxes if our business files for insolvency?
- I am the managing director of a hospitality company based in Cascais that is unable to recover from mounting operational debts and is preparing to file for liquidation. Our business has accumulated substantial arrears with [company removed] and [company removed] that will not be covered by company assets. I need... Read more →
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Lawyer answer by The Vanguard Lawyers
Exmo. Senhor, Obrigado pelo seu contacto. Segue a nossa análise preliminar. 1. A insolvência da sociedade não atinge, por si só, o seu património pessoal. Quem responde pelas dívidas é a sociedade. O seu património só pode ser atingido em...
Read full answer - Can I apply for personal bankruptcy in Portugal to clear unpaid mortgage debt after my house was sold at auction?
- The bank foreclosed on my apartment last year, but the sale did not cover the full loan balance, leaving me with a substantial remaining deficit. My monthly salary is now facing wage garnishment, making it impossible to afford basic rent and groceries for my family. I want to understand if... Read more →
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Lawyer answer by The Vanguard Lawyers
Exmo.(a) Senhor(a), Obrigado pelo seu contacto. Compreendemos a dificuldade da situação e explicamos abaixo as soluções possíveis. 1. A insolvência faz parar a penhora do salário? Sim. Quando o tribunal declara a insolvência, a execução do banco fica suspensa e...
Read full answer - Can I keep my primary family home if I file for personal insolvency with debt discharge in Portugal?
- My spouse and I have accumulated significant bank debt and can no longer cover the monthly installments due to rising living costs. We want to apply for personal insolvency and seek exoneration of remaining liabilities after five years, but we are terrified of being evicted. Does the trustee automatically sell... Read more →
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Lawyer answer by The Vanguard Lawyers
Exmos. Senhores, Muito obrigado pelo vosso contacto e por partilharem connosco a vossa situação. Compreendemos a vossa preocupação, em particular quanto à possibilidade de perderem a vossa casa de morada de família. A decisão de avançar com um processo de...
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