No headache in the event of insolvencies.
We stand by you
Our employees are present at every court hearing and negotiate the dividend in the creditors' best interest. Given our direct contact to the insolvency administrator, we are able to effectively assert your claims. We do not rest until we achieve the best solution.
Our Services
What we do for you:
- We file your claims in court
- We assert special rights (retention of title, pledge rights, etc.)
- We represent you at all major court hearings
- We recommend the write-down of accounts receivable
- We evaluate debt reduction proposals (reorganisation/payment plan)
- We report on the status of proceedings
- We manage payment dates, dividend recovery and distribution
Terms for companies:
- KSV1870 always takes on legal representation free of charge.
- We take the risk off your shoulders: No dividend – no costs.
- If a payment is made, we retain a 20 % performance fee thereof.
- The performance fee is a maximum of EUR 450.00 for members and EUR 550.00 for non-members.
- SmartBonus: There is no performance fee for claims of up to EUR 3,000.00.
The Fees für Insolvency Services and the Fees for Private Individual Insolvency Services apply.
Benefits for Members
No dividend - no costs
KSV1870 members are not charged an order fee.
International insolvency representation
We'll check for you whether a bankruptcy proceeding is pending or whether it is possible to register your claim. At your request, we can register your claim worldwide during the proceedings.
For details on our terms, contact us at inkasso.welt@ksv.at.
General Power of Attorney
The general power of attorney allows us to take action for you in insolvency proceedings without red tape.
- Reduced administrative effort for you – a simple proof of claim is sufficient to file your case.
- Observance of the filing deadline – no individual power of attorney for each insolvency proceedings case
- Any failure to observe deadlines and additional fees are thus avoided.
- We take action only after conferring with you!
Sign a general power of attorney and send it to KSV1870.
Questions about Insolvency
All current insolvencies are freely accessible on our website.
Members are better informed: They receive a weekly list of corporate and personal insolvencies by e-mail. Upcoming bankruptcies are also listed there.
Here you will find an overview of all insolvency information as well as the costs.
In the event that a customer becomes insolvent, the aim is to negotiate the best possible terms for the creditor, in order to reduce losses to a minimum. In order to achieve this goal, we take care of the following as part of our representation:
- Filing your claims in court (legal document such as order for payment procedure)
- Asserting special rights (retention of title)
- Presence at all important court hearings
- All the necessary negotiations with the insolvency administrator, debtor and the debtor's representative
- Scrupulous verification of the reasonableness and feasibility of payment proposals
- Ongoing checks on the proceedings
- Regular reports on the status of proceedings
- Management of payment dates
- Monitoring of your dividend (timely and accurate payment)
The quickest and easiest way to do this is on our website. There you will find all current insolvencies.
You will be guided through the order process in just a few steps.
This service is provided by our Interational Collections Team. For details about your case, contact us at fm.teamwelt@ksv.at
Fees and Downloads
Fees for Insolvency Services
Fees for Private Individual Insolvency Services
General Power of Attorney
Power of Attorney Insolvency Vienna/Lower Austria/Burgenland
Power of Attorney Insolvency Upper Austria
Power of Attorney Insolvency Salzburg
Power of Attorney Insolvency Tyrol
Power of Attorney Insolvency Vorarlberg
Power of Attorney Insolvency Carinthia
Power of Attorney Insolvency Styria
