EXTRAJUDICIAL MECHANISM
EXTRAJUDICIAL MECHANISM
Submit the application for inclusion in the process of out-of-court settlement of debts of Law 4469/2017.
The 124Financials team is highly specialized and has the certification required for the submission and completion of the application as well as the preparation of a business plan.
The Extrajudicial Debt Settlement Mechanism is an important tool for the resolution of businesses where it gives natural and legal persons the opportunity to settle all the debts of their business and preserve their viability. The aim of this mechanism is to rescue viable businesses where they have the capacity to achieve operating profitability in the future.
The purpose of the extrajudicial settlement is the comprehensive treatment and settlement of business debts to creditors of the Private and Public Sector in order to ensure the continuation of the profitable market.
*A prerequisite before submitting the application, to meet the eligibility criteria.
Contact us to find out if you are eligible