According to confirmations from the Erste & Steiermarkische Bank as reported by temporary bankruptcy manager, Redserve has due debts worth over 447,823 kuna. Considering that the company owes a total of over 614,953 kuna and the total value of the company's current assets, the bankruptcy manager warned that Redserve is looking at looming insolvency.

Redserve's legal representation stated that they had no complaints regarding the bankruptcy manager's report, saying that they were not against filing for bankruptcy.

The company attorney warned that Redserve had not acquired any real-estate nor did they hold any shares in other companies and that their only assets were furniture. The company has, however, paid all gross salaries to their former employees.

A creditors hearing has been called for 27 January, 2011 at the Zagreb Commercial Court.