2024 has been a historically significant year for the Insolvency Control Service. Thanks to systematic work, a professional team and strong cooperation with stakeholders, we have achieved significant improvements in the efficiency, quality and transparency of Latvia's insolvency system. The insolvency indicators for 2024 reflect not only a successful reporting year, but also the results of in-depth systemic changes. Our goal is to ensure a fair and reliable insolvency environment, where there is a common understanding of insolvency as a fair second chance tool for Latvian residents and entrepreneurs. INESE ŠTEINA, Director of the Insolvency Control Service By exercising supervision, the Insolvency Control Service purposefully protects…