On corporate insolvency:
We advise businesses at the outset of corporate insolvency proceedings, to devise a tailored strategy going forward.
We act on behalf of companies and it’s directors in respect of claims brought by Corporate Insolvency Practitioners, Official Receivers or Liquidators that have arisen from the insolvency.
We advise companies that have received a Statutory Demand or some form of notice of intended insolvency proceedings.
We advise on defending Winding Up Petitions presented at Court by creditors by by advising the seeking of adjournments of the Petition so to dispute the underlying debt, with a view of ultimately seeking the Petition’s dismissal and avoiding the company’s winding up.
We advise the company and it’s directors on the insolvency options available, in situations when it is more beneficial or necessary to take proactive voluntary insolvency steps. These may include Company Voluntary Arrangements (CVAs) or Members Voluntary Arrangements (MVAs) or Administration.
We advise companies and directors on any claims, counterclaims or set off claims they may have.
We advise directors in respect of director disqualification proceedings under the Company Director Disqualification Act 1986.
We Advise Insolvency Practitioners, creditors and Liquidators in respect of claims that they may have against an insolvent company or directors.
We advise struggling companies on their duties, responsibilities, liabilities and risks presented by insolvency. Taking timely advice can avoid serious issues later on.
We advise companies and creditors wishing to purchase assets, goodwill and trading names from insolvent companies and, where necessary, creating new companies to from which to trade.
On personal insolvency:
We advise individuals in defending or making bankruptcy proceedings so to devise the most appropriate and tailored strategy.
We advise on Personal Insolvency Agreements.
We advise on Issuing statutory demands
We advise on Defending Statutory Demands received i.e. applying to set them aside.
We advise Defending Bankruptcy Petitions presented at Court by seeking adjournments of the Petition so to dispute the underlying debt, with a view to ultimately seeking the Petition’s dismissal and avoiding a bankruptcy order.
We advise on negotiating with creditors with a view of resolving the matter and avoiding or resolving insolvency proceedings.
We advise on the risks presented by insolvency action, including the duties, responsibilities and restrictions placed a client them should they be made bankrupt.
We advise on what proactive voluntary steps can be taken by individuals when they are struggling financially e.g. entering Individual Voluntary Arrangements (IVA’s).
We advise on possible counterclaims and offset claims, which may reduce or remove debts owed and therefore avoid insolvency proceedings.
We advise on and preparing Injunctions e.g. to prevent a creditor from taking certain actions.
We advise on and preparing annulments of Bankruptcy Orders i.e. applying to set aside Bankruptcy Orders.
We advise on arranging of individual’s affairs so to plan for the future.
We assist members of Partnerships and LLP’s in regards to insolvency concerns they may have and to understand their potential liability.
On debt recovery for corporate entities:
We send an official legal letter to chase the debt
We draft or improve terms and conditions of trading to help avoid future problems
We look at what measures you have taken already to deal with late or non payers
We advise on taking legal action, where necessary
We advise on the enforcing Court judgments
We advise issuing bankruptcy and winding up orders
On personal debt recovery:
If you are owed money, we can:
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Advise on sending a letter before action
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Negotiation
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Mediation
We also advise on:
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County court claims
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County and high court enforcements
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Starting insolvency proceedings