We can advise both creditors and debtors, corporate and personal, in a situation involving insolvency.

Debtors

If you or your business are struggling to pay your debts, we can advise you as to your options. If you are a company, there are three main options available to you; entering into administration, a Company Voluntary Arrangement (CVA), or liquidation. Conversely, if you are an individual you can either enter into a Individual Voluntary Arrangement (IVA) or bankruptcy. What is most suitable to you will depend on your circumstances and we will be willing to speak to you to discuss your needs.

Creditors

If you are a creditor and one of your debtors is entering into insolvency proceedings, we can act on your behalf to help with recovering the debt you are owed.

Alternatively, you may be a creditor who wishes to pursue a debtor by instigating insolvency proceedings. We can guide you through the processes involved to ensure the maximum return possible.

For information on costs please see Commercial Costs.