Gjeldsavgjørelse
Gjeldsavgjørelse is a Norwegian term that translates to "debt settlement" or "debt restructuring." It refers to a process where an individual or a company facing financial difficulties attempts to reach an agreement with their creditors to modify the terms of their existing debts. This can involve reducing the principal amount owed, extending repayment periods, lowering interest rates, or a combination of these measures. The primary goal is to make the debt more manageable and prevent insolvency or bankruptcy.
The process of gjeldsavgjørelse is often initiated by the debtor who seeks professional assistance, typically from
Gjeldsavgjørelse can be a formal or informal process. An informal settlement involves direct negotiation between the