Whether you owe a substantial sum of money, or a substantial sum of money is owing to you, personal insolvency advice is sought for a multitude of reasons, both in and out of your control.
In an emergency, we can apply to the court not to have your details published in the court files, bankruptcy order, London Gazette and/or the Insolvency Register.
Search and seizure orders, doorstep imaging orders, investigations using private and public examination procedures under the Insolvency Act.
Bankruptcy orders to protect against creditors.
Challenging service of the statutory demand and challenging bankruptcy petitions on the grounds of disputed debts.
Detecting a debtor’s centre of main interest under EC Insolvency Regulations.
Injunctions to prevent the presentation of bankruptcy petitions, following the service of a statutory demand on the grounds of a genuinely disputed debt.
Arrangements with creditors providing an effective framework and timetable for the settlement of debt.
Certain regulated professions such as accountancy, law, gambling, financial services and banking bar bankrupts from working for them. Other professions place restrictions on the types of work a bankrupt can do.
Liaising with HMRC and other regulatory authorities
- We pursue bankruptcy orders on behalf of private landlords, letting both commercial and residential properties in the UK, against defaulting tenants.
- We advise individuals of their personal guarantee obligations under commercial contracts (such as development and joint venture agreements).
- We advise directors and shadow directors in relation to wrongful/fraudulent trading and misfeasance claims brought by liquidators.
- We advise individuals on high value HMRC claims for outstanding tax, interest, penalties and surcharges.
- We advise individuals seeking Voluntary Arrangements with a view to restructuring their debt liabilities.
- When seeking bankruptcy, we work closely with insolvency practitioners to assess our client’s needs, obligations and expectations and to examine and determine whether bankruptcy is right for them.