Can I apply for consumer insolvency as a foreign citizen?

Yes. Nationality does not matter. What matters is that your residence is in Germany.

What is the protected amount on a P-Konto?

The basic allowance is 1,560 € per month (as of July 1, 2025, valid until June 30, 2026). This amount can be increased for child benefits, maintenance obligations, or social benefits for additional persons.

How long does consumer insolvency take?

3 years from the opening of the proceedings. After that, the remaining debts are discharged (Restschuldbefreiung).

What does the initial consultation at SchuldenStop cost?

The initial consultation is free of charge. The situation is assessed and the possible path is discussed. Further coordination takes place in cooperation with BSD e.V. and specialized attorneys.

What happens to my Schufa entry after insolvency?

The consumer insolvency entry is deleted 6 months after the Restschuldbefreiung is granted.

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Home › Guides › Fast Debt Help

SchuldenStop · March 2026 · 7 min read

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Fast Debt Help Without Waiting — Initial Consultation Within 48 Hours

If you have debts in Germany and are looking for help, you often face waiting times of several months at public counselling centres. The problem: while you wait, reminder fees, interest and collection costs continue to accumulate. An account seizure or wage garnishment can come at any time.

Why fast help is crucial:

While you wait for a counselling appointment, reminder fees, interest and collection costs keep growing. An account seizure or wage garnishment can happen at any time. The sooner you act, the more options you have.

What makes SchuldenStop different?

SchuldenStop is a nationwide debt coordination service. We are the organisational partner who coordinates the entire process for you — quickly, personally and in your language.

As the regional office of Bundesverband Schuldnerhilfe Deutschland e.V. (BSD e.V.), we work with a network of specialist insolvency lawyers.

How the immediate help works

Step 1: Get in touch

Call us, write via WhatsApp or fill in the contact form at schuldenstop.de. Initial consultations in German, Turkish and English. Information on the website in over 18 languages.

Step 2: Initial consultation (free)

Within 48 hours we talk about your situation. We get an overview of your debts, creditors and financial situation.

Step 3: Create a plan

Together we develop a roadmap: out-of-court settlement, personal insolvency or P-Konto protection — we show you all options.

Step 4: Coordination

SchuldenStop coordinates communication with your creditors and collection agencies. We make sure nothing falls through the cracks.

What are your options?

Out-of-court settlement

Often the best solution: comparison, instalment payments or partial write-off — without insolvency proceedings. Many creditors prefer a quick partial solution over a years-long process.

Personal insolvency (Privatinsolvenz)

If no agreement is possible: debt-free in three years through debt discharge. SchuldenStop coordinates the entire preparation. Legal steps are handled by cooperating specialist lawyers.

P-Konto — Immediate help for account seizure

If your account is seized: set up a P-Konto immediately. The basic protected amount of 1,560 euros (2025/2026) protects your subsistence minimum. SchuldenStop coordinates the setup and application for an increased allowance.

All from one source — no hidden extra costs

SchuldenStop supports you as your dedicated contact throughout the entire process. Legal support from cooperating specialist lawyers within the BSD network is part of our service — no separate lawyer costs for you. The initial consultation is completely free.

Debt? Don't wait for months. Get help now.

Free initial consultation within 48 hours. Nationwide.

WhatsApp: +49 173 835 0000 Telegram: @SchuldenStop

Phone: 07031 – 71 52 822 · Email: info@schuldenstop.de

SchuldenStop is a coordination service and does not provide legal advice under the RDG. Legal advice and representation is provided exclusively by BSD e.V. and cooperating specialist lawyers. All information without guarantee. March 2026.

Disclaimer: This page is for general information purposes only and does not constitute legal advice. SchuldenStop does not provide independent legal advice under the German Legal Services Act (RDG). Legal assessments and insolvency proceedings are carried out by BSD e.V. and cooperating specialist lawyers. All information without guarantee. March 2026.