Bankruptcy lawyer in Kyiv

Description

Have your accounts been blocked, and collectors and enforcers are pressuring you and your loved ones every day because of unbearable debts? The ЮРКОНСАЛТ attorneys will help you officially write off all loans and start your financial life from scratch. Contact us right now to stop the accrual of interest and protect your property.

Today, the bankruptcy procedure for an individual is the only legal way to completely escape the debt trap in Ukraine. Learn more about the protection of your only home in bankruptcy, which guarantees the safety of your home.

Our bankruptcy lawyer in Kyiv will take over the entire court process in the Commercial Court of the city of Kyiv so that you receive the desired decision to be released from obligations with minimal involvement from you.

Bankruptcy procedure for individuals in Kyiv

Constant fear of losing everything, daily threats from collectors, and fully blocked bank cards — this is the reality hundreds of debtors in the capital live in. When the financial burden becomes unbearable, ordinary attempts to negotiate with banks only pull you deeper into the debt pit. The bankruptcy procedure for individuals in Kyiv is the only lawful way to stop this cycle and completely write off your debts.

The law gives every citizen who finds themselves in a difficult situation the right to officially declare themselves insolvent. This is not a life sentence, but a civilized legal tool that works successfully all over the world. Our lawyers will help you correctly initiate this process so that you can return to normal life without fear for your future.

Who can initiate the insolvency procedure

The insolvency procedure can be initiated exclusively by the debtor themselves — no bank or MFO can do it against your will. This is your personal lawful opportunity to stop the accrual of interest and write off the accumulated debts. If you feel that your income is no longer sufficient to cover mandatory payments, this is the first signal to contact a lawyer.

Grounds for opening proceedings in court

The court opens proceedings if the amount of your obligations exceeds the ability to perform them, or if there is a threat of insolvency. In 2026, strict limits regarding the minimum amount of debt were abolished, making the procedure available to a much larger number of citizens. The key is to prove to the court that your financial hardship is real and not artificially created.

What debts can be written off through bankruptcy

Many people mistakenly believe that through court it is possible to write off only large bank loans or a mortgage. In reality, the law allows you to be fully released from the vast majority of financial obligations that have accumulated over years of insolvency. This applies not only to banks, but also to microfinance organizations that charge thousands of percent in penalties.

We analyze the structure of your debt in detail before submitting an application to accurately determine which obligations fall under liquidation. The result of our work is the complete clearing of your credit history from toxic debts, which gives you the opportunity to use bank cards freely again.

Writing off loans in banks and MFOs

Loans in banks and microfinance organizations (MFOs) form the basis of most debt cases that we successfully close. The court writes off not only the principal amount of the loan, but also all accrued interest, penalties, and штраф sanctions, which often exceed the debt itself by several times. After the procedure is completed, creditors no longer have the right to make any demands of you.

Debts for utilities and taxes

Debts for housing and utilities services, as well as tax obligations of individuals and individual entrepreneurs (FOPs), are also subject to full write-off within the court procedure. If you have accumulated significant amounts for utilities that you physically cannot pay, bankruptcy will solve this problem as well. Tax authorities will be required to write off your debt as hopeless.

Debts that cannot be written off under the law

The law clearly defines categories of obligations that cannot be written off even through the bankruptcy procedure for an individual. These include alimony, compensation for damage caused to the health or life of other persons, and the single social contribution. These debts will remain with you, so we always take their existence and amount into account during the initial case assessment.

Cost of registering bankruptcy for an individual and mandatory payments

The question of cost is often the main barrier for people who are already in a difficult financial situation and do not have extra funds. It is important to understand that the bankruptcy procedure requires certain mandatory expenses defined by law, but these costs are not comparable to the millions of debts that you will get rid of. We offer transparent terms of cooperation with no hidden payments.

All financial aspects are discussed in detail during the initial consultation, where we calculate the exact amount of court expenses for your specific case. We never take on cases that are clearly losing in advance, so you can be confident that every hryvnia you pay will work toward your final result.

Mandatory court expenses and advance payment of the insolvency practitioner

Legislation requires the debtor to pay an advance payment into the court deposit to pay the insolvency practitioner’s services who will accompany your case. This payment is mandatory for opening proceedings in court and cannot be waived. However, the law allows, under certain conditions, requesting the court to grant a deferment or installment plan for these expenses.

Price of bankruptcy lawyer services end-to-end in Kyiv

The cost of our legal assistance depends on the complexity of your case, the number of creditors, and the availability of property that needs protection. We offer a fixed fee for accompanying the case, which is set in the agreement and does not change during the work. You receive full protection from collectors, preparation of all documents, and end-to-end representation in court.

How much does credit restructuring cost

Debt restructuring as part of a court procedure is an alternative to full write-off, allowing you to repay debts on extremely favorable terms. We help develop and approve in court such a restructuring plan under which interest is fully written off and the principal amount of the loan is repaid over several years without overpayments.

Stages of the court process in the Commercial Court of the city of Kyiv

The court process for the bankruptcy of individuals in the capital takes place exclusively in the Commercial Court of the city of Kyiv, which considers all cases of this category for residents of the city. This is an official procedure that requires strict compliance with procedural deadlines and document submission rules. We know all the nuances of the work of Kyiv judges and ensure flawless support for your case.

You can find the addresses of the courts and the enforcement service in the directory of Kyiv state institutions. Having an experienced lawyer by your side guarantees that your application will not be rejected due to formal errors, and that the process will run as quickly as possible with minimal stress for you. We also use successful cases, such as cancellation of an enforcement writ for 1.2 million hryvnias, which confirms our expertise in fighting large banks.

Submitting an application to the Commercial Court of the city of Kyiv

Submitting an application is the first and most important step that triggers the entire legal mechanism of bankruptcy. The judge carefully checks the submitted documents, the debtor’s financial situation, and the existence of grounds for opening the case. We prepare the application in such a way that the court will have no doubts about your good faith and insolvency.

Debt restructuring procedure for the debtor

After the case is opened, the court must introduce the debt restructuring procedure, which lasts up to 120 days. During this time, the accrual of any interest, penalties, and fines is fully stopped, and all enforcement proceedings are suspended. We negotiate with banks and offer terms that are beneficial specifically for you, not for creditors. Read more about this in the article on stages of the bankruptcy procedure for individuals.

Declaration of insolvency and repayment of debt

If the restructuring plan is not approved due to the inability to repay the debts, the court decides to recognize you as bankrupt and moves to the liquidation procedure. The insolvency practitioner conducts an inventory of the property, after which all unpaid debts are fully written off. You receive an official court ruling on release from all obligations.

Consequences of bankruptcy for an individual and their family

Many debtors are afraid to start the procedure due to myths about the terrible consequences of a bankrupt status for them and their families. In reality, the law protects citizens’ interests and creates conditions for their financial recovery, not punishment. Most restrictions are minor and in no way interfere with your normal life.

We explain all consequences in detail even before the start of the process, so you can make a well-considered and calm decision. The main result you get is complete financial freedom: removal of all seizures from your accounts and the opportunity to officially work and receive income again.

Protection of your only home from confiscation and auctions

The law reliably protects your only home from forced sale at auction during the bankruptcy procedure if it is not subject to a mortgage. Even if creditors demand the sale of your apartment or house, the court will keep the home in your ownership to ensure normal living conditions. We know how to correctly apply these legal provisions to protect your home.

Restrictions after the bankruptcy procedure is completed

After the procedure is completed, you are required for 5 years to notify in writing about your bankrupt status when concluding new loan agreements. Also, you will not be able to initiate new bankruptcy during the same term and hold certain management positions in some institutions. These restrictions are a completely acceptable price for full relief from million-level debts.

Inability to file for bankruptcy again within 5 years

The law limits the right to declare yourself bankrupt again for 5 years to prevent abuse of this instrument. This means that after the debts are written off, you will need to take responsibility for your new financial obligations. However, this period gives you enough time to fully restore your solvency and financial reputation. After successful completion, it is also recommended to complete removal from the debtor register.

Local practice and features of bankruptcy in Kyiv

The Kyiv region has its own specifics in considering cases of insolvency of individuals due to the high workload of courts and the activity of local enforcement services. The Commercial Court of the city of Kyiv reviews dozens of such applications every day, so it is extremely important to submit impeccably prepared documents from the very first time. Any inaccuracy can delay the case for many months.

Our attorneys have many years of experience working with Kyiv judges and insolvency practitioners, which allows us to effectively forecast the course of each case. We know how the Shevchenkivskyi, Pecherskyi, or Solomianskyi divisions of the state enforcement service operate in Kyiv and we promptly achieve the removal of seizures from your accounts immediately after the opening of court proceedings. For example, thanks to our experience in cases such as cancellation of a default judgment in a currency loan, we know how to find a way out even in the most difficult situations.

You can contact our Kyiv office for an in-person meeting with a lawyer and a detailed analysis of your situation. We will ensure full support of your case at every stage, guaranteeing confidentiality and professional protection of your property interests from any unlawful actions by creditors.

Analysis of mistakes in property declarations of Kyiv residents

According to statistics, about 34% of bankruptcy applications in Kyiv remain without movement due to errors in declarations. Most often, debtors forget to include outdated property, shares in charter capital, or the income of family members. We carefully check every figure before submitting it to the Commercial Court of the city of Kyiv to avoid delays.

Interaction with the insolvency practitioner in the capital

The insolvency practitioner is a key figure in the process, acting as the property manager and reporting to the court. Many debtors fear their actions, but with our lawyer’s support, cooperation with the practitioner proceeds constructively. We help prepare an objective report on property status and protect your interests from unlawful claims.

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