For companies with financial difficulties the moratorium is a valid recovery option. During a certain time, the company can maintain the operation and look for best possible solutions for creditors and employees without the risk of immediate bankruptcy and the associated cessation of trading. Creditors may in turn be sure the substance of the company during the moratorium is not diminished nor is a single creditor preferred.

This is ensured by the administrator. After the moratorium the debtor either offers a dividend composition, where all creditors renounce a certain percentage of their debts and the company continues operations or is being sold.

Other than with an extrajudicial settlement not every creditor has to approve the proposal but only a certain quorum. The other solution after a moratorium is the composition with the assignment of all assets to the creditors and a planned liquidation of the company.
 
Transliq advises companies and privat persons how to best initiate a moratorium, acts as administrator (composition moratorium or bankruptcy deferment) or liquidator. Transliq is also mandated by courts for expert reports or represents creditors in several mandates (i.e. creditor's committee).