Corporate rehabilitation attorney, are there things creditors should be careful about in the rehabilitation process?

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

The most important thing for creditors to be careful about in the rehabilitation process is whether claims have been reported and the deadlines for 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 fail to report the claim within the prescribed period, the claim will lapse and you will not be able to exercise your rights within the rehabilitation procedure.

Therefore, after the rehabilitation procedure begins, creditors must check whether the claim report has been properly made.

In addition, even if a claim has been reported, if the administrator or another creditor objects, the claim remains unconfirmed.

In such case, you must obtain confirmation of the claim through procedures such as an investigation confirmation trial, and the deadline is set, so it must be observed.

Generally, an application for claim confirmation must be made within 1 month from the last day of the investigation period or from the special investigation date, and missing this deadline may also make it difficult to exercise your rights.

For details, please consult a corporate rehabilitation attorney.