There are many different types of insolvency. Not all of them result in the liquidation of a company or the bankruptcy of an individual.

The crucial thing for a business or an individual facing insolvency is to seek the advice of a professional as soon as possible.

We can advise at the outset on the prospects of recovery. We work with Insolvency Practitioners and the Insolvency Service to explore possible ways to continue trading.

If it appears inevitable that the organisation ceases to trade we can advise on the relative merits of voluntary and involuntary liquidation. We can also advise on bankruptcy and the potential liability of directors in such circumstances.

For further information please contact Mark Hammond.