Professionals registered as Crisis Managers in the Crisis Composition Body of the Order of Accountants and Accounting Experts of Vicenza offer assistance in over-indebtedness procedures L. 3/2012 now the new Business Crisis and Insolvency Code (C.C.I.I.) with the purpose of also allowing “non-fallible” subjects, including for example private citizens, agricultural entrepreneurs, professionals, and companies, to access specific bankruptcy procedures aimed at resolving their situation of persistent incapacity to honor the financial commitments undertaken.
The objective of these procedures is to resolve the state of crisis by safeguarding both the debtor’s and the creditor’s interests, allowing the former to pay off debts to banks, financial institutions and creditors according to their actual availability and according to a sustainable time horizon.