German Insolvency Lawyers


Legal Solutions Made in Germany

Schlun & Elseven Rechtsanwälte PartG is a full-service law firm active all over Germany. In the field of German insolvency law, we will guide you through the German insolvency procedure, provide strategic advice to creditors and we represent clients in insolvency criminal law cases. Contact us today to find out more about our services.

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About
Team
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Full-Service Law Firm: Clear Advice in German Insolvency Law

The legal team at Schlun & Elseven Rechtsanwälte advise and represent clients in all German insolvency matters. The conduct of insolvency proceedings for companies in Germany and the assertion of insolvency claims are part of our daily tasks in this field. Insolvency proceedings can be stressful for the parties involved, and knowing the steps which need to be taken is vital. Our legal team consists of experts in the field with many years of experience, and we can be relied upon during difficult times to provide you with the clear advice you need. As a full-service law firm with industry-specific expertise, you can be assured that you will receive comprehensive service. Contact us now at our email address: info@se-legal.de or by phone at: +49 221 93295960. Our lawyers look forward to working with you.

German Insolvency Procedure
Creditors Lawyers
How to File for Insolvency in Germany
Private Insolvency in Germany
Insolvency Disputes & Criminal Law
Contact a German Insolvency Lawyer

What is Insolvency under German Law?

In simple terms, insolvency means the inability to pay one’s creditor. In legal terms, a company is insolvent if it is only able to pay less than 90% of its liabilities over a period of at least three weeks and therefore has ceased the payments. If the management realises that it cannot meet its financial obligations anymore, or not longer than throughout the next 12 months, the threat of insolvency is apparent. The basic legal sources governing the issue in Germany are the Insolvency Regulation (Insolvenzverordnung – InsO) and the Avoidance of Transactions Act.