Skip to content
State-licensed debt collection institute § 118 GewO 1994 · GISA 32140156

Glossary · Austria and Germany

Insolvency representation and proof of debt

A proof of debt submits a claim into insolvency proceedings. Insolvency representation means assistance or representation for the agreed tasks. Submission is neither payment nor a promise that the full claim will be admitted or satisfied.

Engagement and acceptance are governed by the terms.

Distinguish the concepts

Out-of-court reminders, individual enforcement and insolvency participation are different routes. Once opening of proceedings becomes known, do not continue a reminder sequence without assessment. Basis, origin, amount, security and ranking may matter. Disclose an existing title; it does not automatically replace every procedural requirement.

Jurisdiction and scope

Austria’s official business portal describes filing insolvency claims with the court. In Germany, claims are filed with the insolvency administrator. This practical distinction matters: do not use the other country’s form or recipient. Deadlines and required information depend on the specific proceedings. Submission and further representation must fall within the agreed service scope.

Illustrative business example

A supplier learns of an insolvency notice during recovery work. It adds the proceedings details and confirms responsibility for filing. Contract, invoices and receipts are reconciled. Accounts treats a possible dividend as an uncertain future receipt, not immediately available money.

Common questions

Does a collection instruction cover everything?

Confirm who monitors deadlines and files the claim. A general instruction alone does not establish that scope.

Does filing guarantee a dividend?

No. Admission, ranking, available assets and the proceedings determine possible recovery.

Which dates matter?

Claim origin, opening of proceedings and filing deadline, among others. Invoice date alone should not determine classification.

Sources and basis

Content reviewed on 23 September 2026. Procedural information and our contractual terms are separate foundations. The individual case remains decisive.

Your next step

Prepare your documents and use the existing registration. For questions about the scope of services, visit our contact page.

Received a letter as a debtor? Please go directly to the payment portal.