What Happens If The Request Goes Ahead
If the creditors meeting is approved by a judge in Spain, then the period for the creditors to present the debts they have with the company will be initiated.
Once all proof has been presented, a judge will decide which debts will be admitted, given the information and proof that was presented during the aforesaid period.
The judge is also in charge of appointing an administrator who has to negotiate the final debt with the suppliers in order to achieve the final aim, which is to try to reach agreements for the terms of payment and even negotiating a quita, which is the reduction of the final sum that will be paid.
If an agreement is reached, a payment agreement for said debt will be signed, setting out the terms agreed upon. At this point, the company in insolvency may continue all of its normal business activities.
If your company is facing insolvency or if you are a creditor seeking payment, surely you would appreciate legal advice on the bankruptcy procedure. Therefore, do not hesitate to contact our law firm in Marbella. Welex: your English-speaking bankruptcy lawyers in Marbella.
Bankruptcy Proceedings In Spain: What Are They And What Are They For
Our law firm in Marbella can answer all your questions about Spanish bankruptcy proceedings. First, it is important to note that Spanish law tries as much as possible to help individuals and companies that are going through complicated situations meet their payment obligations.
If it is foreseen that the Spanish bankruptcy procedure will take a long time, that is to say, that there is no short-term solution, a so-called creditors meeting will be requested. This enables a judge to intervene and assign an administrator to be in charge of mediating between a business and its creditors in order to find a solution to end the situation of the outstanding debts.
Financial Terms In Spanish To Know Whether You Use Or Work In A Bank
They say el dinero mueve montañas .
I like to believe it is love that moves the world but still, money and finances are in our lives every single day.
Not a lot of learners willingly try to master financial terms and vocabulary. Normally, you learn them out of necessity or because a not-very-nice teacher is making you study the topic.
But vocabulary is vocabulary. Words, no matter how specialized, will be needed at some point and the better you are prepared for that eventuality, the more proud of yourself you will be.
If that is not enough of a push to learn financial terms in Spanish, there are many other good reasons to study them, even if no one is forcing you to!
This blog post is available as a convenient and portable PDF that youcan take anywhere.
Read Also: Can You Rent An Apartment After Filing Bankruptcy
Learn These 40 Spanish Legal Terms To Totally Rule In The Courtroom
Have you ever thought you might want to work in the legal field?
Do you dream of courtrooms, pressed suits, jury boxes and gavels?
Maybe youve imagined yourself in front of the judge or behind a typewriter or perhaps behind the scenes helping prepare the cases.
Well, no matter what part of the legal arena you favor, learning Spanish will help you.
Sure, you might also need years of schooling in law, paralegal studies or a related field, but Spanish can be that extra skill that sets you apartsort of like the cherry on top of your legal sundae.
Even the American Bar Association says that learning Spanish will make you a better lawyer. Though honestly, learning legal Spanish will help prepare you for any job in this field or even just everyday life.
A lot of jobs require Spanish skills. Even if a job doesnt require you to be fluent in Spanish, speaking Spanish can offer economic benefits. But speaking Spanish in a business setting isnt quite like normal, everyday Spanish you hear between friendsyou have to know how to use it correctly.
Its even harder in fields like law that have very specific sets of vocabulary. Luckily, with a strong legal mind like yours, youll have no trouble deducing what you need to do to gain these necessary skills. You can DIY advanced vocabulary lists to help you along the way. There are also some great Spanish learning resources for lawyers.
But lets get started the right way with 40 common terms every legal professional needs to know!
Cules Son Las Tasas De Inters
If you have survived until now, congratulations!
I know finances may not sound like the most interesting topic in the world, but as a learner of Spanish you should know a little bit of everything.
Moreover, if you have visited this post out of necessity, it means you are going to use these terms quite often from now on. Whether it is because you are planning on working abroad or going on vacation for a few months, if your plan is to spend some time in a Spanish-speaking country, you are definitely going to need a lot of the words included in this post.
If you still think you could use some more financial vocabulary, you can take a look at these resources:
- CFPBs Glossary of English-Spanish Financial Terms, where you will a whole lot about consumer financial markets,
- The English to Spanish Dictionary of Finance Terms, which I personally love for being so user-friendly!
- The bilingualWorld Bank Glossary, because it is superb and will allow you to find any financial term you can ever imagine
- The cuteGlossary of Economics and Trade from Babel Linguistics, because everyone has to start somewhere, and this is a great concise resource for less advanced learners.
And now that you are ready to start your new journey, print this vocabulary list and have it with you at all times. You never know when the biggest investment opportunity of your life may arise!
Stay curious, travel a lot and happy learning!
Also Check: How Do You File Bankruptcy In Texas
Necesito / Me Gustara
64. abrir una cuenta.
65. cambiar dinero.
66. sacar dinero de mi cuenta.
67. transferir dinero.
68. ingresar
69. solicitar una tarjeta de crédito.
70. cancelar mi tarjeta de crédito.
71. enviar dinero.
72. solicitar un préstamo/crédito.
73. pagar mi deuda / mis impuestos.
74. cobrar este cheque / mi nómina.
75. hablar con el director.
How Does The Creditors Meeting Work
To declare the creditors meeting, both individuals and companies must comply with several legal requirements demonstrating that the insolvency situation is real and that the company effectively cannot pay its debts.
Said request shall be done at the Mercantile Court in either of the two following ways:
It is the judge who decides whether or not to approve the request to declare bankruptcy. If yes, the creditors meeting will be published in the Official State Gazette .
Also Check: Can I Get An Apartment After Bankruptcy
Why Learn Spanish Legal Terms
If youre looking for a career as a legal secretary, paralegal, translator or lawyer, knowing Spanish legal terms will increase your job prospects. Whether you want to work with Spanish-speaking clients or work in international law, your knowledge of Spanish will come in handy. Even if a job doesnt require it, its still a skill that many employers covet.
Learning Spanish legal terms will also increase the number of people you can serve. Even if a client speaks fluent English, he/she may be more comfortable communicating in Spanish. After all, legal proceedings are always stressful, and in times of stress, its easiest to speak in the language youre most comfortable with. Therefore, many clients may seek out legal professionals who can speak their language. If your firm doesnt offer services in Spanish, these clients may seek out another that does. However, if youre willing to learn, your law firm can start , who make up a sizable chunk of the population. This can massively increase the number of clients who may be interested in your services.
Additionally, learning Spanish legal terms will allow you to help people that many other legal professionals cannot help. Clear communication is important, so clients who do not speak English fluently will need someone who can communicate with them in order to navigate through the criminal justice process. As the Denver Bar Association Docket notes, speaking Spanish allows lawyers to help an under-served population access justice.
How Do I Answer The Question Have You Ever Declared Bankruptcy On Legal Forms If I Technically I Filed But It Was Dismissed
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Common Words And Phrases Every Legal Professional Should Know
As you become more proficient, try to use these words every chance you get.
Your understanding of the word will increase as you utilize it in context and your fluency will increase as you use complete sentences. See example sentences with these words using online tools like Linguee or 123 Teach Me and their Spanish Sentence Maker. These websites collect sentences from all over the internet that contain your keyword and are invaluable as you continue on your journey to learning Spanish legal terminology.
For even more authentic learning and in-context examples, give FluentU a try.
FluentU takes authentic videoslike music videos, movie trailers, news and inspiring talksand turns them into personalized language learning lessons.
You can try FluentU for free for 2 weeks. or download the iOS app or Android app.
the police force as a group or individual officers
What To Say To Future Employers About Bankruptcy
Home> Bankruptcy Issues> What to Say to Future Employers About Bankruptcy
- 9:11 am
There are many issues regarding filing for bankruptcy in southern California. There are just as many issues regarding recovering from bankruptcy and moving on with your life. For instance, in the years after youve filed for bankruptcy, you may find yourself in the position of looking for or applying for a new job. At this point many will wonder what they should tell their future or potential employer about their bankruptcy.
During the process of the job application process there will often be references to bankruptcy in an employee or potential employees past. The questions regarding bankruptcy filings in your past may come in the form of a question on the application or a question during the interview process. In other instances, potential employers will simply ask for permission to run a credit check.
But remember, you dont have to mention your bankruptcy right off the bat. Its not something to lead with during your interview for the job. There are many cases when the employer isnt even going to ask you about past bankruptcies. Theyre simply going to hire you based on experience or on the strength of a referral. The best bet is to play it by ear. There are some situations in which you should bring up your past bankruptcy during the interview process and others when its completely unnecessary.
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Examples Of Bankruptcy In A Sentence
bankruptcyinto bankruptcybankruptciesbankruptcybankruptcy Los Angeles Timesbankruptcy Washington PostbankruptcyNew York Timesbankruptcy CNNbankruptcy courant.combankruptcy chicagotribune.combankruptcyForbesbankruptcy Curbed
These example sentences are selected automatically from various online news sources to reflect current usage of the word ‘bankruptcy.’ Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Financial Terms In Spanish For Practical Use
Vocabulary lists tend to be long, tedious and impractical.
You open the file , start repeating words like a parrot and forget them a few minutes later.
But this post is different!
First of all, I have divided the terms into categories so you can focus on one thing at a time. You can take all the time you want to practice the vocabulary you have learned before going on to the next section.
Second of all, there are some explanations for the words that normally give learners a headache as well as for terms that need clarification. This will help you know which words can be confusing or might need a little bit more of your attention.
Finally each word is accompanied by an example where you can see it in context. You will be able to learn the word faster and to have a look at a real-life example of how to use it when the need comes!
For even more context and practice, look for these words on FluentU.
FluentU takes authentic videoslike music videos, movie trailers, news and inspiring talksand turns them into personalized language learning lessons.
You can try FluentU for free for 2 weeks. or download the iOS app or Android app.
Ka-ching! It is time to deposit some knowledge into the great vault that is your mind!
Also Check: How Do I File For Bankruptcy In Texas
Why Study Financial Terms In Spanish
Whether you are just going abroad for a long vacation, are moving to a Spanish-speaking country to start your life from scratch or you have just gotten that awesome job you have been dreaming about for months, the truth is that sooner or later you will have to deal with the money and banking system of your new country.
Maybe you are an accountant yourself or you want to work in a bank. In that caseeven more so!you are going to need some financial vocabulary to hide up your sleeve if you really want to take that leap of faith and start working in another country.
Picking up some finance vocabulary is also important if you already work in the industry and want to connect with Spanish-speaking clients.
Whatever reason has brought you here, you have found the right place to learn some Spanish financial vocabulary and give your language skills a specialized boost.
