Economic Insolvency

At Cano Abogados Corporativos S.A.S., we understand that economic insolvency can be a stressful and complex situation. That’s why we provide comprehensive and personalized legal advice to help you face your financial challenges with confidence and security.


What Is Economic Insolvency?

Economic insolvency occurs when a person or company is unable to meet their financial obligations as they become due. This may be due to:

  • Lack of liquidity

  • Accumulated debt

  • Inability to generate sufficient income

When Do You Need Legal Advice in Economic Insolvency?
  • Debt Restructuring: When you cannot meet your financial obligations and need guidance to reorganize your debts in a viable way.

  • Asset Liquidation: If selling assets is necessary to pay debts, and you want to ensure the process is fair and complies with the law.

  • Suspension of Payments: When you need to temporarily halt payments to negotiate with your creditors.

  • Insolvency Proceedings: If you must initiate a formal process to manage insolvency in an orderly and legal manner.


Benefits of Legal Advice in Economic Insolvency
  • Legal Protection: Ensuring all your rights and interests are protected under the law.

  • Problem Prevention: Identifying and mitigating legal risks before they become major issues.

  • Effective Solutions: Offering strategies tailored to your specific situation to solve financial problems efficiently.

  • Peace of Mind: Providing the security of having experienced professionals guide you through each step of the process.


How Our Legal Insolvency Advisory Works
  1. Initial Consultation: We assess your financial situation and provide an overview of your legal options.

  2. Personalized Strategy: We design an action plan tailored to your needs and goals.

  3. Execution and Follow-Up: We implement the agreed strategy and keep you informed at every stage.

  4. Resolution and Closure: We work toward the best possible resolution and close the case satisfactorily.

Areas of Expertise in Economic Insolvency
  • Debt Reorganization: Helping you restructure your finances through realistic payment plans and creditor negotiations.

  • Asset Protection: Defending your property from foreclosures and auctions, and managing the suspension of enforcement actions.

  • Insolvency Proceedings: Advising and representing you in formal proceedings to manage insolvency in a legal and orderly way.

  • Creditor Negotiations: Mediating discussions with your creditors to reach agreements that allow you to move forward.


Why Choose Cano Abogados Corporativos S.A.S.?
  • Experience & Professionalism: A highly trained team with extensive experience in economic insolvency.

  • Personalized Approach: We take the time to understand your needs and offer customized solutions.

  • Proven Results: We work to achieve the best possible outcomes for our clients, always protecting their rights and interests.