Add to ORKGThis thesis describes the problematic of the individual ways of dealing with bankruptcy. The first part is concretely dealing with all method of resolving insolvency with emphasis on reorganization. The concept of reorganization was introduced by the new Insolvency Act. I focus also on comparison of the reorganization and the bankruptcy. The second part of my work includes analysis of reorganization in practice. I chose the company Kordárna, a.s. for describing reorganization process. I found the reorganization more advantageous to the creditors. Nevertheless the reorganization is less used than the bankruptcy. The reasons are the high costs, the shortcomings of insolvency law, necessity of consensus and some non-confidences to reorganizati...