Insolvency proceedings Implementation

Please note in particular our information under:
  • Service description

    Special information for - City of Kevelaer

    Standard insolvency proceedings

    In the event of insolvency or over-indebtedness, the representatives of a partnership are obliged to file for insolvency.

    Personal insolvency

    As a private individual (consumer within the meaning of Section 304 of the German Insolvency Code), you must attempt to reach an out-of-court settlement before filing for insolvency. A person or body recognized for debt counselling must be involved in this process.

    Insolvency proceedings are used to settle debts, restructure a company or liquidate a company and distribute the remaining assets to the creditors.

  • Legal basis

  • Further information

    Special information for - City of Kevelaer

    Please note that the Kevelaer municipal treasury does not offer debtor advice, but merely represents the pilgrimage town of Kevelaer as a creditor in insolvency proceedings.


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