Why file a creditor’s claim? A creditor’s claim is a document that every creditor must prepare and submit to the relevant insolvency administrator if a person wants to receive at least partial satisfaction of his claim and exercise other creditor rights within the insolvency proceedings. I…

Law firm LUMOS provides free (pro bono) legal assistance to the Latvian producer and distributor of CBD oils and products Adil due to groundless detention of its products by the Tax and Customs Police Department of the State Revenue Service.

How to find out about the declaration of insolvency proceedings of the debtor? In order to be able to recover at least a part of the creditor’s claim, the creditor must first be active in monitoring whether the debtor has not been declared insolvent in insolvency proceedings.