On your way to success you are challenged to find the right strategy yourself and to grow with it. It is best to start with the right data! If the word insolvency is mentioned in everyday business life it has the same effect as being flashed while driving. Suddenly you are alert and happy if you are not affected yourself. Who got caught this time who is insolvent? Insolvency notices can affect both companies and private individuals. However since the company bankruptcy can have far greater consequences for you as a company we only refer to this in the article.
Against the background of the current corona pandemic there are increasing reports of insolvency in the media in this context If the debts outweigh the assets there are no liquid funds to pay them off or there is only a risk of insolvency then insolvency can no longer be averted. It usually hits the creditors Latest Mailing Database particularly hard because they only get back of their claims on average. It is therefore worth taking precautions at an early stage and doing everything possible in terms of risk management and prepared corporate management to identify impending insolvency announcements by business partners customers or suppliers in good time.
With Echobot CONNECT you can have insolvency reports relevant to you automatically sent to you by email within minutes. LEARN MORE How do you find out about a declaration of bankruptcy? According to Section of the Insolvency Code InsO the insolvency proceedings must be publicly announced. It also states that this publication on the Internet is theoretically sufficient to inform those affected. This means that if you as a creditor want to register your claims with the insolvency administrator you are asked in case of doubt to discover the insolvency notice in good time.