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Debt Relief

Debt relief is a way to eliminate your debts if you are unable to repay them.

To apply for debt relief, you must be unable to repay your debts, both now and within the foreseeable future. In addition, the debt relief must result in a lasting improvement to your financial circumstances. When assessing whether debt relief can be granted, several factors are taken into account, including the size of the debt, the reason the debt was incurred, and the household’s income and expenses, including the prospects of repaying the debt. It is the probate court that decides whether you qualify for debt relief. Please note that only private individuals may apply for debt relief.

There are many rules and requirements to consider when applying for debt relief. If you need assistance with your application, KROMANN Law Firm can provide professional legal advice throughout the entire process. We have extensive experience assisting clients with debt relief applications, so you can confidently turn to us for help with your financial challenges.

We begin by reviewing your situation and assessing your chances of obtaining debt relief. As part of this process, we will advise you on any factors that may prevent you from qualifying, as well as any issues you should consider before submitting an application to the probate court.

We assist in preparing the application to the probate court and, of course, represent you as your legal counsel at court hearings. If objections are raised by creditors, we are ready to address these with the opposing party’s lawyer and present your case professionally and effectively.

CONTACT US TODAY

Please feel free to contact us today on +45 8618 1102 or by email at kontakt@advokatkromann.dk if you are considering applying for debt relief.

You can read more about related topics on the pages below.

Loan and debt advisory

Get help with debt counselling, debt relief, and promissory notes.

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Promissory note

If you need to draw up a promissory note, we are the right professionals to help you.

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