{"id":8336,"date":"2021-07-16T22:33:43","date_gmt":"2021-07-16T22:33:43","guid":{"rendered":"https:\/\/zslawv2.52improvements.com\/topic-closing-a-company-in-liquidation-procedure-through-bankruptcy\/"},"modified":"2026-07-06T07:57:15","modified_gmt":"2026-07-06T07:57:15","slug":"topic-closing-a-company-in-liquidation-procedure-through-bankruptcy","status":"publish","type":"post","link":"https:\/\/www.zslaw.rs\/sr\/topic-closing-a-company-in-liquidation-procedure-through-bankruptcy\/","title":{"rendered":"Topic: Closing a Company in Liquidation Procedure Through Bankruptcy"},"content":{"rendered":"<p><span style=\"font-family: Roboto; font-style: normal; font-weight: 300; font-size: 20px;\">It\u2019s not uncommon for a company undergoing liquidation to fail to complete the process, eventually facing blocked accounts and no assets to settle debts. As debts accumulate, such companies often become &#8220;paralyzed,&#8221; typically due to:<br \/>\n<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"font-family: Roboto; font-style: normal; font-weight: 300; font-size: 20px;\">\u2022 Permanent insolvency<br \/>\n\u2022 Over-indebtedness<br \/>\n<\/span><\/p>\n<p><span style=\"font-family: Roboto; font-style: normal; font-weight: 300; font-size: 20px;\">In such cases, bankruptcy proceedings may be initiated. The advantage of this process is its efficiency and the ability to reach the goal of closing the company in a relatively short time.<br \/>\n<\/span><\/p>\n<p><span style=\"font-family: Roboto; font-style: normal; font-weight: 300; font-size: 20px;\">A key aspect of the bankruptcy procedure is proving that the company\u2019s liabilities exceed its assets, which prevents it from meeting its obligations to creditors.<br \/>\n<\/span><\/p>\n<p><span style=\"font-family: Roboto; font-style: normal; font-weight: 300; font-size: 20px;\">Since the procedure requires cooperation across various professions, hiring a lawyer can help ensure the successful completion of the process, leading to the company\u2019s closure and removal from the Business Registers Agency. The result is the company being freed from its obligations to creditors.<br \/>\n<\/span><\/p>\n<p><span style=\"font-family: Roboto; font-style: normal; font-weight: 300; font-size: 20px;\">Questions such as whether the bankruptcy can be concluded at the first creditors&#8217; hearing, whether the founder can influence the process, how many claims are needed to prevent suspension, and the consequences of pre-bankruptcy actions that may harm creditors are issues that our office, with its extensive experience, can help answer.<br \/>\n<\/span><\/p>\n<p><span style=\"font-family: Roboto; font-style: normal; font-weight: 300; font-size: 20px;\">For all additional information, feel free to contact our partner from the litigation department Ivan Ljubisavljevi\u0107, via e-mail address <span style=\"color: #27b3f4;\"><a style=\"color: #27b3f4;\" href=\"mailto:ivan.ljubisavljevic@zslaw.rs\">ivan.ljubisavljevic@zslaw.rs<\/a><\/span>, or via our regular contact address<span style=\"color: #27b3f4;\"> <a style=\"color: #27b3f4;\" href=\"mailto:office@zslaw.rs\">office@zslaw.rs<\/a><\/span>.<br \/>\n<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>It\u2019s not uncommon for a company undergoing liquidation to fail to complete the process, eventually facing blocked accounts and no assets to settle debts. As debts accumulate, such companies often&#8230;<\/p>","protected":false},"author":3,"featured_media":90028,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[120],"tags":[57],"class_list":["post-8336","post","type-post","status-publish","format-standard","has-post-thumbnail","category-client-updates","tag-ivan-ljubisavljevic"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/posts\/8336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/comments?post=8336"}],"version-history":[{"count":1,"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/posts\/8336\/revisions"}],"predecessor-version":[{"id":90305,"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/posts\/8336\/revisions\/90305"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/media\/90028"}],"wp:attachment":[{"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/media?parent=8336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/categories?post=8336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/tags?post=8336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}