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00:00Leaving your job with generous and tax exemptions is possible.
00:04Conventional bankruptcy has never been so popular in France.
00:07In the first quarter of 2024, more than 132,000 agreements were concluded between employees and employers.
00:13Why such a success?
00:15First, because it allows you to separate yourself from your friend
00:17with often more generous exemptions than in the case of a dismissal.
00:21In addition, in some cases, these exemptions can be partially or entirely tax exempt.
00:26The most common case is to exempt your conventional bankruptcy
00:30from the amount of legal dismissal.
00:33If the amount of your conventional bankruptcy turns out to be higher,
00:37in this case the surplus will be taxable.
00:40The best case is collective conventional bankruptcy.
00:42If it is negotiated with trade unions,
00:45your exemptions are completely tax exempt, regardless of their amount.