For some companies, a bankruptcy is the only way of liquidation. The bankruptcy office of the Swiss domicile of the company is usually competent for this procedure. In larger and complex proceedings the resources of the official administration is sometimes exceeded and an extraordinary administrator is mandated.

Transliq operates as a private bankruptcy administration, takes over individual tasks on behalf of bankruptcy offices (i.e. preparatory meetings of creditors, collocation plan, lists of terms, liability proceedings, processes, expert reports), or represents the interests of creditors in bankruptcy proceedings.