Information and guides

Changes due to amendments to the Liquidation Act

We would like to inform you that Act XLIX of 1991 on Bankruptcy and Liquidation Proceedings Act LXX of 2021. amended by law, the Bankruptcy and Liquidation Proceedings Act Paragraphs 7a to 7c have been added to Section 46.

The amount of the asset search and asset recovery costs to be paid in accordance with paragraph (7a) – 0.5% of the principal amount of the receivable (minimum HUF 5,000 and maximum HUF 40,000) – to be paid into the following company bank account (with reference to the court case number): HELP Kft., OTP Bank, account number: 11749008-20177968.

We would like to inform the Creditors that in addition to the payment of the registration fee, the transfer of the property search and property recovery flat rate is a requirement for the registration of their reported creditor claim.

Invitation to foreign creditors to file claims

IRM Regulation 38/2009 (VIII. 31.) on the formal and substantive requirements for the notification provided for in Article 40 of Council Regulation (EC) No 1346/2000 on insolvency proceedings contains, in several foreign languages, the substantive and formal requirements for notification under Article 40 of the EC Regulation. The provisions of this Regulation should be taken into account when preparing notifications.

The procedure is governed by Regulation (EU) 2015/848 of the European Parliament and of the Council of the European Union.