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Difference between TRADE self-employed and false self-employed

Posted: Sun Dec 22, 2024 5:35 am
by tanjilaakter0011
Extrajudicial procedure
As a general rule, creditors try to reach an agreement with the debtor before initiating any legal procedure. Often, a "bad agreement" is better than a good lawsuit. Why? Because an agreement is better, even if it is not very advantageous, and thus avoids long and costly lawsuits with uncertain results.

If the extrajudicial route does not bear fruit, there is no other philippines phone number list option but to resort to the judicial route.


The Second Chance Law also comes into play here , which the debtor can benefit from. This law applies to any natural person , whether private or self-employed, in a state of insolvency due to over-indebtedness. Even those who have guaranteed a family member who has debts can benefit from it . It makes it possible to eliminate a certain debt if there are no mechanisms to deal with it.



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If you need more personalized advice for this type of situation, whether you are a worker or an entrepreneur, we provide you with the contact information of expert lawyers in the field:Difference between TRADE self-employed and false self-employed


A self-employed person is a self-employed worker, that is, he collaborates with different companies, but what happens if a self-employed person works mainly with a single client? Let's talk about the TRADE self-employed person.

A TRADE self-employed person (Economically Dependent Self-Employed Worker) is one who generates at least 75% of his income from a single client. That is, he maintains a constant relationship with a company, but remains self-employed.