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Q

Corporate rehabilitation attorney, are there points that a creditor should be careful about in rehabilitation proceedings?

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Rehabilitation proceedings are underway, and I am worried because, as a creditor, I do not know what to do or how. If I fail to properly file or respond, will I be unable to get my money back? If there are things a creditor must know or points to be careful about, please explain them. Is there no corporate rehabilitation attorney available?

corporate rehabilitation attorney

A

Answer to Related Inquiry

Hello. I am a corporate rehabilitation attorney at Daeryun Law LLC.

The most important point that a creditor should be careful about in rehabilitation proceedings is whether the claim has been filed and the deadline of the claim confirmation procedure.

As a corporate rehabilitation attorney, I will explain in detail.

First, if your claim is omitted from the list of rehabilitation creditors and you also did not file the claim within the set period, the claim in question lapses, and you become unable to exercise your rights within the rehabilitation proceedings.

Therefore, after the commencement of rehabilitation proceedings, a creditor must be sure to check whether the claim was properly filed.

In addition, even if a claim has been filed, where the administrator or another creditor raises an objection, that claim remains in an unconfirmed state.

In this case, the claim must be confirmed through procedures such as an investigation and confirmation trial, and because that deadline is fixed, it must be observed.

Generally, an application for confirmation of the claim must be made within 1 month from the last day of the investigation period or from the special investigation date, and if you miss this, the exercise of your rights may also become difficult.

For detailed matters, we recommend that you check through a consultation with a corporate rehabilitation attorney.

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