Claims against Insolvent companies & individuals

Our insolvency solicitors regularly advise creditors of insolvent and struggling companies or individuals who wish to recover debts owed to them. We are able to advise on the most appropriate methods of insolvency claims recovering debts due, which may involve insolvency proceedings against debtors.

Insolvency considerations arise in any disputes. There is little reason to obtain a Court Judgment (CCJ) against a Defendant if they are unable to pay it.

We specialise in commercial litigation including debt recovery. Therefore, we have all of the necessary specialisms to provide a full service in this regard. Please visit our commercial litigation and debt recovery pages for information on how we can assist you in this.

In terms of pursuing insolvent or struggling companies, we regularly assist creditors as follows:-

  • Advising on their potential insolvency claims and the most appropriate and safest methods of recovering monies owed and the steps that should be take to protect their position.
  • Negotiating with debtors and seeking to agree repayment schemes, where necessary, to ensure maximum debt recovery for creditors.
  • Preparing and serving Statutory Demands.
  • Preparing and serving Bankruptcy and Winding Up Petitions and representing creditors during this process to seek a bankruptcy or winding up order.
  • Enforcing bankruptcy or winding up orders.
  • Advising on pursuing directors personally for the debts owed by a company i.e. for misfeasance (breach of duty) including negligence.
  • Forcing the sale of assets, tracing assets, and freezing bank accounts of debtors to recover sums due to a creditor.

Understanding the realistic recovery of a debt is crucial when dealing with insolvent or struggling debtors. Quickly protecting monies due is also vital. We appreciate this and ensure sound advice is provided at the outset on the chances of recovery and protect creditors’ positions so far as possible.

Our Experts

Caroline Palacio

Senior Associate Solicitor and Head of Insolvency & Business Recovery

View All Experts
Neil Cook

Partner, Solicitor & Head of Business Services

View All Experts
William Fox Bregman

Partner, Solicitor & Head of Banking and Finance Litigation

View All Experts
Paul Kanolik

Partner & Solicitor

View All Experts
Maria Evans

Associate Solicitor

View All Experts
Bethanie Watson

Associate Solicitor

View All Experts
Emma Bowditch

Junior Paralegal

View All Experts
Ellie Sherriff

Personal Assistant

View All Experts

Here to help

Our specialist teams can provide full service legal advice and assistance, providing practical and cost-effective solutions.

Our offices

Bournemouth
302 Charminster Road Bournemouth Dorset BH8 9RU
01202 525333 Contact
London
Office 309 107 – 111 Fleet Street London EC4A 2AB
02039 784720 Contact
Poole
14a Haven RoadCanford Cliffs, Poole Dorset BH13 7LP
01202 709898 Contact
Ringwood
Monmouth Court Southampton Road, Ringwood Hampshire BH24 1HE
01425 484848 Contact
Swanage
55 High Street Swanage Dorset BH19 2LT
01929 422233 Contact
Wimborne
39a East Street Wimborne Dorset BH21 1DX
01202 057676 Contact