When dealing with the prospect of liquidation and administration it is essential you seek the best possible legal advice for your business to ensure you are aware of all your options and can find the best path into recovery or winding up.
Our insolvency team are readily on hand to support you and will work with you to find the best possible solution.
To speak to our Insolvency team, call 0207 842 1868, email us, or make an online enquiry.
Our services include insolvency preventative measures by helping directors of companies, which may be suffering from cash flow problems, by taking action to recover all outstanding debt owed to you. Our specialist debt recovery team will liaise with your debtors through pre litigation communication in the attempt to get the full value of all outstanding invoices settled in the quickest possible time. If full payment in not possible due to financial difficulties of your debtors, we will negotiate stage payments on your behalf.
If, on the other hand, you are the debtor and are having trouble settling debt owed to your creditors, we will negotiate repayment terms on your behalf, enable you to continue to operate and prevent your creditors applying to the court to have your company wound up.
Walker Thomas Solicitors has specialists working with the dedicated team of insolvency lawyers to help advise on the duties to any directors, shareholders, the company itself and creditors.
Insolvency proceeding are notoriously complex and challenging. Walker Thomas Solicitors will assist keep your business afloat, or if the inevitable follows and you are faced with administration or receivership we are committed to achieving the best possible outcome for your business in the most cost effective way.
We also act on behalf of both insolvency practitioners and directors in placing companies into an insolvency process. Our dedicated team of insolvency solicitors can deal with any transfer of assets and any investigations into wrongful trading, preference claims, transactions at an undervalue claims and misfeasance claims.
Walker Thomas Solicitors:
- Advise creditors in relation to customers which may be entering a form of insolvency, such as liquidation or administration.
- Deals with the recovery of monies/debt.
- Arrange winding up notices to be served on a debtor for debts over £750 and, if necessary, issue a winding up petition in order to place a company into compulsory liquidation if the debt is over £750 and undisputed.
- Issue and negotiate payment of statutory demands.
- Advise on the duties to any shareholders, the company and creditors.
We work with you to ensure that our fees are clear, transparent and affordable. We will explore funding option with you depending on your work type.
Get in Touch
To speak to our Insolvency Experts call us on 0207 842 1868 or email us at email@example.com.
We provide precise, resilient and affordable legal advice and assistance.