Enterprise Law is familiar with the complexities which may arise when you are owed money and we are able to provide strategic, practical and commercially focused advice in order to obtain the best result for the client. Our legal firm also has a strong success rate in its debt recovery matters.
Debt Recovery Services:
The two most common forms of insolvency are Bankruptcy and External Administration. Bankruptcy is a legal state which relates to individuals seeking to be absolved from all debts. It can occur voluntarily or by way of enforcement by a creditor applying to the courts. A company can enter into External Administration voluntarily or it may be placed into External Administration by a court of law.
The most commonly faced issue in Insolvency when dealing with companies is where a statutory demand has been served on the company by a creditor. If a company does not respond to a statutory demand within the specified time, it can lead to the company being wound up and placed into liquidation.
If you are considering winding up a company or entering into voluntary bankruptcy or you have been served with a creditor’s petition (Bankruptcy) or your company has been served with a statutory demand (Insolvency) we strongly recommend you contact our office immediately to seek legal advice.
Insolvency and Bankruptcy Services:
Debt Recovery Services:
- Issuing legal proceedings to recover secured and unsecured debts.
- Settling matters with alternative dispute resolution methods.
- Urgent applications to safeguard assets that might be at risk of asset dissipation.
- Drafting trade terms and agreements to reduce the need to formally recover a debt.
The two most common forms of insolvency are Bankruptcy and External Administration. Bankruptcy is a legal state which relates to individuals seeking to be absolved from all debts. It can occur voluntarily or by way of enforcement by a creditor applying to the courts. A company can enter into External Administration voluntarily or it may be placed into External Administration by a court of law.
The most commonly faced issue in Insolvency when dealing with companies is where a statutory demand has been served on the company by a creditor. If a company does not respond to a statutory demand within the specified time, it can lead to the company being wound up and placed into liquidation.
If you are considering winding up a company or entering into voluntary bankruptcy or you have been served with a creditor’s petition (Bankruptcy) or your company has been served with a statutory demand (Insolvency) we strongly recommend you contact our office immediately to seek legal advice.
Insolvency and Bankruptcy Services:
- Statutory Demands
- Winding-up Applications
- Administration of companies
- Bankruptcy applications