Claims against Insolvent companies & individuals

Our insolvency lawyers 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 type of dispute. There is little reason to obtain a County Court Judgement (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 skills and 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 in a number of different areas, such as:

  • 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 as far as possible.

Get in touch with a specialist member of our insolvency team for more advice and guidance on claims against insolvent companies and individuals.

Here to help

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

Our offices

302 Charminster Road Bournemouth Dorset BH8 9RU
01202 525333 Contact
Office 320 107 – 111 Fleet Street London EC4A 2AB
02039 784720 Contact
14a Haven RoadCanford Cliffs, Poole Dorset BH13 7LP
01202 709898 Contact
Monmouth Court Southampton Road, Ringwood Hampshire BH24 1HE
01425 484848 Contact
55 High Street Swanage Dorset BH19 2LT
01929 422233 Contact
39a East Street Wimborne Dorset BH21 1DX
01202 057676 Contact