The deficit procedure assesses cognitive weaknesses for targeted support. Learn more about its application and benefits in the detailed article!
Legal Lexicon
The deficit procedure assesses cognitive weaknesses for targeted support. Learn more about its application and benefits in the detailed article!
A debtor is an accounting term referring to an individual or entity that must settle outstanding receivables. Learn more about their role in financial management!
Corona Crisis and Insolvency Law
The Corona crisis has a significant impact on insolvency law: Protective measures and suspensions assist affected companies. Read more in the article now!
A federal guarantee secures state loans. Learn more about how it supports companies and projects – discover more now in the glossary!
The release of the debtor terminates their payment obligation. Find out how debts can be legally forgiven—discover more in the lexicon now!
Installment Payments for Fines
Installment payments for fines allow you to pay due amounts in installments. Find out how you can get financial relief – read the article now!
Subprime loans are high-risk loans for borrowers with poor creditworthiness. Learn more about their consequences and the financial crisis! Read now!
A reorganization plan restructures companies to increase efficiency and overcome crises. Discover more in the detailed article!
Indebtedness describes the state of being in debt. Learn more about causes, consequences, and possible solutions – discover all the details in our article now!
Legacy debts are old liabilities, often of a governmental nature, which require special regulations. Learn more about their significance and resolution!
Default describes the failure to meet financial obligations, e.g., in the case of loans. Learn more about causes and consequences – discover the article now!
Dismissal for lack of assets means the termination of insolvency proceedings due to insufficient assets. Learn more about the procedure & consequences – read now!
