Debt crisis management in Firenze for Italian-Argentine and Italian-Brazilian citizens
Over-indebtedness composition for dual nationals with economic ties in the province of Firenze
Debt crisis management in Firenze for Italian-Argentine and Italian-Brazilian citizens
Dual nationals of Italian-Argentine or Italian-Brazilian citizenship who reside in or maintain economic ties to Firenze and face financial distress may access Italian debt relief procedures.
The particular challenges in these cases include the documentation of debts contracted in Argentine or Brazilian jurisdictions, currency conversion considerations, and the coordination with South American creditors.
The firm provides specialised assistance in preparing the restructuring proposal, ensuring that all cross-border elements are properly addressed before the competent court of Firenze.
How to proceed — preliminary consultation
The first recommended step is to schedule a thirty-minute preliminary consultation, available in English, Spanish, and Portuguese, to assess the debt situation, verify procedural eligibility, and outline the available options.
- The L'Aurora Law Firm is available for anyone seeking tailored virtual legal assistance and personalized solutions in Firenze. We offer a wide selection of personalized legal services to effectively meet the needs of private individuals, companies and independent professionals.
- We remain constantly updated on the latest developments in legislative matters and the most recent judicial trends, ensuring personalized, punctual and cutting-edge assistance. Each case is unique and presents its own specificities, which is why we strive to offer targeted and strategic consultations to resolve legal matters in the most efficient, rapid and professional manner possible, both in private and business contexts.
- Our approach is founded on a thorough, meticulous and detailed evaluation of each situation, providing practical and concrete solutions, always aimed at defending the rights and legitimate interests of our clients. We firmly believe in absolute transparency and mutual trust, always maintaining open a constant, clear and direct communication channel with our clients during all phases of proceedings.
- We provide qualified virtual consultation and legal assistance in Firenze and in the region of Toscana in various areas of law, including civil, commercial, corporate, labor and criminal law. Whether it involves a contractual dispute, complex family matters or business litigation, we are here to provide you with the necessary professional support to face every legal matter with serenity, confidence and complete awareness.
- We work with passion, determination and professional rigor to achieve concrete and measurable results, always with the primary objective of ensuring the complete legal protection and safeguarding of our clients' rights. Contact us for an initial introductory meeting and discover how we can protect your rights and resolve every legal issue with professionalism, expertise and promptness.
Lawyer Liliana L'Aurora, registered with the Bar Association of Latina, with experience in business distress law and over-indebtedness, in line with the Business Distress Code. Crisis Manager for over-indebtedness and support in insolvency proceedings. I am also registered with the Register of Crisis Managers and the OCC of the Bar Association of Latina.
I have acquired practical experience at the De Felice Law Firm, dealing with bankruptcy proceedings and real estate sales. I provide legal consultation in the following areas: commercial law, debt recovery, family law, civil liability.
Graduated in Law from La Sapienza University in Rome, I enrich my training with advanced courses for Crisis Managers and on the Business Distress Code.
I offer legal consultations in remote mode, using advanced technologies that allow me to operate at the national level in a secure manner.
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Does the law firm handle legal matters related to Firenze?
- The firm provides specialised legal counsel on matters involving Firenze and the surrounding territory — irrespective of the client's place of residence.
- From property disputes to local regulations, employment law to family matters: should a case be connected to Firenze or neighbouring municipalities such as Fiesole, Bagno a Ripoli, Impruneta, the firm is available to assist.
- Consultations are conducted remotely via video call or telephone, without the need to attend the office in person.
- Book a consultation →
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Can legal assistance be obtained for a matter involving Firenze without residing there?
- The firm handles legal matters connected to the territory of Firenze and surrounding municipalities, regardless of where the client is based.
- Cases involving local real estate, commercial activities, contracts, inheritance and disputes tied to the following areas are fully covered: Fiesole, Bagno a Ripoli, Impruneta, Scandicci, Lastra a Signa, Calenzano, Signa, Sesto Fiorentino, Vaglia, San Casciano in Val di Pesa.
- The firm is available to provide qualified legal assistance tailored to each specific situation.
- Choose date and time →
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Does the firm provide legal assistance for over-indebtedness and debt crisis procedures connected to Firenze?
- The firm offers specialised legal assistance for over-indebtedness procedures under Italian Law No. 3/2012 and the Business Crisis Code (D.Lgs. 14/2019), assisting both private individuals and sole traders connected to the Firenze area.
- Available procedures include the debt restructuring plan, the consumer arrangement, and the controlled liquidation of assets — instruments designed to provide a lawful and structured resolution to situations of financial distress.
- Clients residing in or holding assets within Fiesole, Bagno a Ripoli, Impruneta, Scandicci, Lastra a Signa, Calenzano, Signa, Sesto Fiorentino, Vaglia, San Casciano in Val di Pesa and surrounding municipalities may access these procedures with the support of the firm.
- Request a preliminary assessment →
INTERNATIONAL CLIENTS REQUIRING DEBT RESTRUCTURING ASSISTANCE IN FIRENZE
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Over-indebtedness of Italian-Americans with assets in Firenze
- Italian-American or Italian-Canadian nationals who maintain assets — typically inherited property — in Firenze or Firenze while facing personal financial difficulties in North America may need to protect their Italian assets from cross-border enforcement. Conversely, those returning to Italy may seek a fresh start through the Italian over-indebtedness procedures. The firm provides counsel on the interaction between US Chapter 7 or Chapter 13 proceedings and the Italian regime, with the aim of supporting a coherent position across both jurisdictions.
- Schedule a preliminary consultation
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Debt restructuring in Firenze for Italian nationals returning from abroad
- An Italian citizen who has resided in the United States, the United Kingdom, Canada, or Australia and returns to Firenze burdened by debts accumulated both domestically and abroad may access the consumer debt restructuring procedures introduced by the Italian Insolvency Code (D.Lgs. 14/2019). The firm evaluates eligibility for the controlled liquidation of assets, the composition with creditors, or the family debt restructuring plan, assisting the client in presenting a compliant proposal to the competent court of Firenze. Debts contracted abroad may be included where they are enforceable in Italy.
- Schedule a preliminary consultation
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Controlled liquidation of assets for over-indebted individuals in Firenze
- Where a debt restructuring plan is not viable, the controlled liquidation procedure under Article 268 of the Italian Insolvency Code offers the over-indebted individual residing in Firenze the prospect of complete discharge from residual debts. The procedure entails the judicial sale of non-exempt assets under the supervision of the court of Firenze, with the subsequent release of the debtor from remaining obligations upon satisfaction of the legal conditions. The firm assists the client through the eligibility assessment, documentation, and the discharge application, which — if granted by the court — may represent a definitive resolution of the debt situation.
- Schedule a preliminary consultation
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Cross-border insolvency between Italy and Germany or Switzerland — Firenze
- An individual or entrepreneur with debts in both Italy and Germany or Switzerland and connections to Firenze may face concurrent insolvency proceedings across jurisdictions. The EU Insolvency Regulation determines the centre of main interests for jurisdictional purposes, while Swiss insolvency follows bilateral treaty provisions. The firm advises on the strategic selection of forum and the recognition of foreign proceedings before the court of Firenze, aiming to achieve the most favourable restructuring outcome for the client.
- Schedule a preliminary consultation
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Debt crisis management for Italian-Argentine and Italian-Brazilian citizens in Firenze
- Citizens of Argentina or Brazil with Italian nationality who reside in or maintain economic ties to Firenze may access Italian debt relief procedures when facing financial crisis. The particular challenges in these cases include the documentation of debts contracted in South American jurisdictions, currency conversion considerations, and the coordination with Argentine or Brazilian creditors who may contest Italian proceedings. The firm provides specialised assistance in managing these complexities, leveraging experience with South American documentation and consular procedures to present a viable restructuring proposal.
- Schedule a preliminary consultation
FREQUENTLY ASKED QUESTIONS FROM INTERNATIONAL CLIENTS IN FIRENZE
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Can an Italian citizen residing abroad access debt restructuring procedures in Firenze?
- An Italian citizen with debts connected to Firenze or the province of Firenze — such as mortgage arrears, unpaid taxes, or business debts — may access Italian over-indebtedness procedures provided the centre of their economic interests or the debts' connection to the Italian jurisdiction can be demonstrated. The firm evaluates eligibility on a case-by-case basis.
- Schedule a preliminary consultation
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Does Italian debt restructuring affect debts owed in other countries?
- Italian over-indebtedness procedures primarily affect debts governed by Italian law. However, under the EU Insolvency Regulation, the effects of proceedings opened in Italy extend to other EU member states. For debts in non-EU jurisdictions, recognition of the Italian procedure depends on bilateral treaties and local law.
- Schedule a preliminary consultation
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What is the difference between liquidazione controllata and piano del consumatore?
- The piano del consumatore (consumer plan) allows the debtor to retain essential assets while restructuring debts over a defined period, subject to court approval. Liquidazione controllata involves the judicial sale of non-exempt assets, followed by potential discharge of residual debts. The firm recommends the procedure most suitable to the client's asset position and debt profile.
- Schedule a preliminary consultation
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How long does the debt restructuring process take at the court of Firenze?
- Timelines vary depending on the procedure selected and the complexity of the case. A consumer restructuring plan typically requires three to six months for court approval, while controlled liquidation may take twelve to twenty-four months from filing to discharge. The firm provides a realistic timeline assessment at the initial consultation.
- Schedule a preliminary consultation
