SHORT CONSIDERATIONS REGARDING THE PREVENTION OF ENTERING THE INSOLVENCY PROCEDURE
SHORT CONSIDERATIONS REGARDING THE PREVENTION OF ENTERING THE INSOLVENCY PROCEDURE

Summary/Abstract: It belongs to the records field the fact that, with the imposition of the communitarian judiciary system in the Romanian domestic judiciary landscape appear serious mutations as well with respect to the reorganization and judiciary liquidation field, under a triple perspective: legislative, jurisprudence and doctrine. On the one hand, there are performed modifications of substance even in the philosophy of the judiciary system and at the same time appears a standardization of the organization and operation rules in this field.Given the negative and chain consequences of the failure to recover the debts by the crediting business entities, it is necessary to consider, also in the insolvency field, a principle according to which it is easier to prevent than to cure.The prevention of insolvency is based upon a timely detection of the causes of difficulties and prompt interventions, supplemented by a quick treatment of difficulties.

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