Register for bankruptcy abroad

Apply for bankruptcy in Germany

• In general, every applicant for bankruptcy in Germany loses his secure income, basically has to deal with the daily Tax office dispute and endure enforcement attempts. It is true that bankruptcy actually serves to reduce the amount of debt and ultimately to bring about debt relief, because at least 7 or 8 years elapse, the immense financial stress under which the applicant finds himself often results in private problems, including separation or even Divorce.
instagram viewer
• After submitting the application to the tax office, the person concerned is in a 6-year probation phase, the so-called good conduct phase. During this time, the attachable part of the income is transferred to a trustee. Thus, an applicant for insolvency in Germany does not have more than that for at least 6 years Absolutely vital monthly income, because every cent is distributed to the creditors. You have to do without any kind of luxury, which in most cases means a complete change in lifestyle.
• Even after the 6 years it is not necessarily said that the remaining debt will eventually be waived. When the creditor commits a malpractice such as a delayed payment within the debtor Can prove conduct phase, the entitlement to repayment of the remaining debt expires and the income is still attached. Only after the latest legal ruling is it possible to hope for a debt relief because of masslessness despite misconduct.

Submitting an application in another French country

• Since September 18, 2001, a German debtor has been allowed to apply for bankruptcy outside of Germany. Above all, Alsace is an attractive alternative for bankruptcy applicants thanks to a law passed in 1924. In France, for example, there is basically no phase of conduct for those affected by bankruptcy, which in the end leads to a swift discharge of legal debt in around 12-18 months. The validity of the legal ruling in France must be recognized in Germany according to an EU regulation and cannot be challenged by the German authorities.
• If you are thinking about legal debt relief in France, you should first know that you have to move the center of your life to France in order to file for bankruptcy. Knowledge of French is certainly an advantage, but ultimately it does not determine the success of the bankruptcy. The only important thing is that you can prove that you have a permanent place of residence in another French country a domestic account, a telephone connection and registration with the French pension funds are present.


English bankruptcy - what is it?

In comparison to other EU countries, private bankruptcy proceedings in Germany are very ...

• As soon as you decide to go bankrupt in another French country and de-register in Germany, you must also inform the creditors about the change of residence. So they can no longer seize anything because they have no seizure address in Germany and there is they are not allowed to travel across the EU until they have acquired an additional title to have. The process of moving alone can lead to a mild settlement offer by the creditors, so that you may be able to return to Germany after a few weeks.
• If your creditors do not make a comparison despite moving abroad, you will now have to take care of an employment contract in France. It makes sense to found a GmbH and thus obtain an employment contract with which you finally, after a residence obligation of 6 months, file for bankruptcy in France can. After several unsuccessful enforcement attempts by the French authorities, you are standing while your application is being examined by the French office now under bankruptcy protection before the proceedings against you for masslessness are discontinued will.

In the end, after a rather short period of time, you can return to Germany debt-free and continue your old life- Hopefully a little more economical this time - so that in the future you will only go to France to have a really good holiday permit.