The overall purpose of disqualification is to prevent abuse of bankruptcy and to combat the so-called “phoenix syndrome”.
Disqualification means that an executive is precluded from participating in the management of certain types of companies for a period of typically three years if the bankruptcy court finds the executive guilty of grossly irresponsible business conduct in a bankrupt company.
We understand the serious consequences disqualification can have, especially for self-employed individuals. Our team has handled numerous disqualification cases and provides immediate, knowledgeable advice to clarify your situation and protect your interests.