What is the deadline to file for business bankruptcy?

Polish bankruptcy law sets a deadline of 30 days from when grounds for declaring bankruptcy arise, meaning the loss of ability to pay obligations as they fall due (the law presumes this where arrears exceed three months). The deadline runs from the actual circumstances, not a management board decision, so we establish the insolvency date at the start of the assessment.

Bankruptcy or restructuring: which should I choose?

Bankruptcy ends business operations and leads to assets being sold for creditors. Restructuring aims to keep the business running and reach an arrangement with creditors. If the business is operationally profitable, we first explore restructuring; we ask about this directly in the submission form.

Are management board members personally liable for company debts?

In a Polish limited liability company (sp. z o.o.), management board members may be liable for company obligations if enforcement against its assets is unsuccessful. Filing for bankruptcy in good time is one of the grounds for release from that liability. A legal adviser or restructuring adviser assesses your situation; we prepare the information and documents on which the assessment is based.

How much does business bankruptcy support cost?

We provide a quote after a free preliminary assessment because the scope depends on the business's size, the number of creditors and the state of its records. There are two separate items: our organisational support fee and the independent law firm's or restructuring adviser's fee, which you agree directly with them. Terms are recorded in the agreement before we start.

What is the deadline to file for business bankruptcy?

Polish bankruptcy law sets a deadline of 30 days from when grounds for declaring bankruptcy arise, meaning the loss of ability to pay obligations as they fall due (the law presumes this where arrears exceed three months). The deadline runs from the actual circumstances, not a management board decision, so we establish the insolvency date at the start of the assessment.

Bankruptcy or restructuring: which should I choose?

Bankruptcy ends business operations and leads to assets being sold for creditors. Restructuring aims to keep the business running and reach an arrangement with creditors. If the business is operationally profitable, we first explore restructuring; we ask about this directly in the submission form.

Are management board members personally liable for company debts?

In a Polish limited liability company (sp. z o.o.), management board members may be liable for company obligations if enforcement against its assets is unsuccessful. Filing for bankruptcy in good time is one of the grounds for release from that liability. A legal adviser or restructuring adviser assesses your situation; we prepare the information and documents on which the assessment is based.

How much does business bankruptcy support cost?

We provide a quote after a free preliminary assessment because the scope depends on the business's size, the number of creditors and the state of its records. There are two separate items: our organisational support fee and the independent law firm's or restructuring adviser's fee, which you agree directly with them. Terms are recorded in the agreement before we start.

For businesses and companies

Business bankruptcy: an orderly way out of insolvency

Is your business failing to pay debts as they fall due while deadlines keep running? We establish the insolvency date, compile documentation and guide you through submission remotely, with a clear status at every stage. An independent law firm or restructuring adviser handles the application and proceedings.

Free initial assessment
No visits to our office
Ongoing contact with your case manager

How the process works

Date of insolvency

We establish when the company lost its ability to pay; this determines deadlines and risks for the management board.

Bankruptcy or an arrangement

We check whether the business can survive. If it can, we recommend the restructuring route.

Documentation and application

List of creditors, assets and reports. An independent law firm or restructuring adviser files the application.

Proceedings and creditors

We coordinate documents and correspondence, keeping you informed of every step.

In business bankruptcy, the date is what counts, not the decision

We assess your business's situation for free and explain whether bankruptcy or an arrangement with creditors is the appropriate route. No obligation.

e‑PGW provides analysis and organisational services; an independent law firm or licensed restructuring adviser of your choice files the application, represents you and conducts the proceedings. This material is for information only and does not constitute legal advice. See also restructuring, our services for businesses i pricing.

Plain language

Is your business unable to repay its debts?

We help gather the information and documents needed to assess your business's situation. We assess whether to consider bankruptcy or attempt an agreement with creditors.

What to prepare

Prepare a list of creditors, amounts and payment deadlines.
Gather asset information and the business's financial documents.
State when the business stopped paying and what proceedings are already underway.

What happens next

We organise payment data and information about the business's situation.
An independent specialist assesses possible solutions and key deadlines.
We help complete the documentation. An independent law firm or adviser handles the application and representation.
We coordinate documents and keep you informed of the next stages.

Costs and key limitations

Do not wait until discussions about the offer are over to assess deadlines. Our organisational support and the independent specialist's fees are separate items. We do not guarantee protection of management board members' personal assets.

Submitting a case does not mean it has been accepted for handling. Before deciding, you will receive the scope of cooperation and contract terms. See pricing and the answers below. This page is for information only and does not constitute legal advice.

FAQ

Frequently asked questions

If you have not found an answer, write to us and describe what you need.

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What is the deadline to file for business bankruptcy?: Polish bankruptcy law sets a deadline of 30 days from when grounds for declaring bankruptcy arise, meaning the loss of ability to pay obligations as they fall due (the law presumes this where arrears exceed three months). The deadline runs from the actual circumstances, not a management board decision, so we establish the insolvency date at the start of the assessment.
Bankruptcy or restructuring: which should I choose?: Bankruptcy ends business operations and leads to assets being sold for creditors. Restructuring aims to keep the business running and reach an arrangement with creditors. If the business is operationally profitable, we first explore restructuring; we ask about this directly in the submission form.
Are management board members personally liable for company debts?: In a Polish limited liability company (sp. z o.o.), management board members may be liable for company obligations if enforcement against its assets is unsuccessful. Filing for bankruptcy in good time is one of the grounds for release from that liability. A legal adviser or restructuring adviser assesses your situation; we prepare the information and documents on which the assessment is based.
How much does business bankruptcy support cost?: We provide a quote after a free preliminary assessment because the scope depends on the business's size, the number of creditors and the state of its records. There are two separate items: our organisational support fee and the independent law firm's or restructuring adviser's fee, which you agree directly with them. Terms are recorded in the agreement before we start.