{"id":6071,"date":"2024-08-05T10:56:04","date_gmt":"2024-08-05T08:56:04","guid":{"rendered":"https:\/\/pmrsa.pl\/?p=2757"},"modified":"2025-05-19T15:36:25","modified_gmt":"2025-05-19T15:36:25","slug":"what-is-credit-restructuring","status":"publish","type":"post","link":"https:\/\/pmrsa.pl\/en\/what-is-credit-restructuring\/","title":{"rendered":"What is credit restructuring?"},"content":{"rendered":"<p class=\"wp-block-paragraph\">  <strong>Loan restructuring is a process aimed at modifying the terms of repayment<\/strong> existing credit commitment by adapting them to the borrower's current financial situation, particularly in the event of repayment difficulties or loss of ability to pay.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The restructuring of a loan may involve different directions of change, such as:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>extending the repayment period - which can reduce the monthly instalments.<\/li>\n\n\n\n<li>reducing the amount of the instalment - e.g. by changing the interest rate<\/li>\n\n\n\n<li>a change in the currency of the loan - if the loan was taken out in a foreign currency.<\/li>\n\n\n\n<li>write-off of part of the debt - in exceptional justified cases, the bank may decide to write off part of the debt.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Where there are multiple loan commitments or other titles, the negotiation process can be difficult,<\/strong> It is therefore worthwhile to take advantage of the solutions offered by the restructuring law in the form of one of the four <a href=\"https:\/\/pmrsa.pl\/en\/wants-to-carry-out-a-simplified-restructuring-procedure\/\" title=\"\">proceedings <\/a>restructuring. Within such proceedings, it is possible to conduct comprehensive negotiations covering all creditors with the participation of an advisor <a href=\"https:\/\/pmrsa.pl\/en\/amendment-to-the-restructuring-agreement\/\"  data-wpil-monitor-id=\"1216\">restructuring and conclusion of a comprehensive agreement<\/a> adjusting the amount of monthly charges to the financial possibilities of the debtor.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/pmrsa.pl\/en\/who-is-who-in-restructuring-and-bankruptcy-proceedings-part-1\/\" title=\"\">Restructuring proceedings<\/a> also allows a number of corrective actions to be taken<\/strong> of an internal nature contributing in the long term to the recovery of the borrower's situation. Importantly, the restructuring of debt (liabilities), can take place within the framework of a partial arrangement, i.e. we can restructure our debt and discuss restructuring only with a selected group of creditors such as financial creditors (Banks, Loan Funds, Leasing or others).<a href=\"https:\/\/pmrsa.pl\/en\/restructuring-advisor-new-legal-profession\/\" title=\"\">https:\/\/pmrsa.pl\/doradca-restrukturyzacyjny-nowy-zawod-prawniczy\/<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>","protected":false},"excerpt":{"rendered":"<p>Loan restructuring is a process aimed at modifying the repayment terms of an existing loan obligation by adapting them to the borrower&#039;s current financial situation, particularly in the event of repayment difficulties or the inability to repay the debt. Loan restructuring can encompass various changes, such as: In the case of multiple loan or other obligations, the negotiation process can be difficult. Therefore, it is worth taking advantage of the solutions provided by restructuring law in the form of one of the four restructuring proceedings. Within such a procedure, comprehensive negotiations involving all creditors can be conducted with the participation of a restructuring advisor and a comprehensive agreement can be concluded that adjusts the monthly payments to the debtor&#039;s financial capacity. Restructuring proceedings also enable the implementation of a series of internal remedial actions, contributing to the long-term recovery of the borrower&#039;s situation. Importantly, debt (liabilities) restructuring can take place as part of a partial arrangement, meaning we can restructure our debt and discuss the restructuring only with a selected group of creditors, such as financial creditors (Banks, Loan Funds, Leasing, or others). https:\/\/pmrsa.pl\/doradca-restrukturyzacyjny-nowy-zawod-prawniczy\/<\/p>","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[58,18],"tags":[],"ppma_author":[30],"class_list":["post-6071","post","type-post","status-publish","format-standard","hentry","category-gospodarcze","category-restrukturyzacja-firmy"],"authors":[{"term_id":30,"user_id":12,"is_guest":0,"slug":"teampmr-restructuring-pl","display_name":"Zesp\u00f3\u0142 PMR","avatar_url":{"url":"https:\/\/pmrsa.pl\/wp-content\/uploads\/2024\/10\/logo2-e1729926426335.png","url2x":"https:\/\/pmrsa.pl\/wp-content\/uploads\/2024\/10\/logo2-e1729926426335.png"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts\/6071","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/comments?post=6071"}],"version-history":[{"count":0,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts\/6071\/revisions"}],"wp:attachment":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/media?parent=6071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/categories?post=6071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/tags?post=6071"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/ppma_author?post=6071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}