What if one of my debtors goes bankrupt?

If one of your debtors goes bankrupt, his receiver will send you a letter about the bankruptcy. If you have not received this letter, make sure to contact or let a lawyer contact the debtor. During a meeting, when the receiver will discuss all outstanding accounts, you may clarify your claim. In a bankruptcy a ranking of creditors applies. This ranking depends partly on the claim. As soon as the receiver has determined the ranking, a (final) distribution list will be produced.

Related Questions

Do you want to advertise in the Netherlands? Make sure you comply with the rules that apply to advertising.
Read More
Directors and officers can be held liable towards the company’s creditors. Do you need a D&O Liability Insurance?
Read More
What services does a management (trust) service provide? And how high are the fees for these services?
Read More
How can you cover risks? Which different business insurances are there?
Read More
When can I file for bankruptcy? How can I do so?
Read More
We will show you step-by-step how to close down your business in the Netherlands.
Read More
When can you open a (Dutch) bank account? How can you do this?
Read More