Practice area · Portugal

Insolvency and Recovery

Advice to debtors, creditors and companies in financial difficulty. Insolvency, lodging of claims, restructuring and recovery.

Overview

Financial difficulties require assessing liquidity, creditors, guarantees, proceedings and viability. Insolvency and recovery have their own prerequisites, effects and deadlines.

When we can help

  • Assessment of non-compliance and risk of insolvency
  • Negotiation, revitalisation and recovery
  • Insolvency applications, creditors’ claims and representation in proceedings

Documents to gather

  • List creditors, debts, guarantees and proceedings
  • Gather accounts, contracts and recent notifications
  • Do not transfer assets or favour creditors without legal analysis

Frequently Asked Questions

Does insolvency always mean closure?

No. The outcome depends on the situation, viability and legally available mechanisms.

When to act?

The earlier reliable financial data is available, the greater the ability to evaluate alternatives.

Legal review: Maria Manuela Nunes Ferreira, Lawyer
Editorial responsibility: MNF Advogados
Main jurisdiction: Portugal
Reviewed on: 19 October 2026

General information reviewed for the stated jurisdiction. An assessment of the applicable law, documents and deadlines is needed before you make a decision.

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