Bankruptcy Lawyers in Dubai at NYK Law Firm provides the aid of attorneys skilled in Insolvency and Bankruptcy law and ensures that our specialist attorneys are immediately involved in handling cases. We are familiar with the UAE’s bankruptcy laws, and our main objective is to secure a realistic conclusion for our clients. We work in close collaboration with financial professionals and advisors and are familiar with local bankruptcy and insolvency regulations. We also offer guidance on protective composition procedures (PCPs).
Experience and technical partnerships keep us apprised of virtually every possible case scenario, ultimately permitting us to recommend appropriate debt solutions or successful debt management strategies. In addition, we assist with required paperwork and applications.
Three months. Your details will normally remain on the register until three months after you’ve been discharged from bankruptcy. Your bankruptcy will also appear on your credit file for six years.
Less than 1% of bankruptcy applications are rejected by the Insolvency Service, so you need to stop worrying and find out the facts. What happens if a bankruptcy application is refused? Do you have a better alternative?
When you file for bankruptcy, you get an automatic stay, which puts a block on your debt. Such stays prevent creditors and collections agencies from pursuing debtors for amounts owed. While the stay is in place, your wages can’t be garnished and creditors can’t go after any secured assets.
We actively promote a culture of innovation and continuous improvement. Our consultants lead by example, building a strong understanding of our client’s business and staying open to new approaches, concepts and technologies.
We operate all over the world, from our own offices, associated offices and established relationships with correspondent law firms.
Some cases may look alike but not always to the details. We always make sure we understand our clients to the nearest detail so we can provide optimal support. We take your issue and transform it to an opportunity so you make full profit from it.
Our experience and expertise permits us to understand your issue faster.
Details focused, we bring out a strategy for best possible result.
We follow-up the case closely, keeping you aware of it evolution.
Please fill in your details below and submit your query or give us a call at +971 52 644 3002