Everybody has an opinion on Insolvency. However when you have the prospect of losing your home to Bankruptcy or the heart break of losing your business you need solutions.

If you are an individual or company director whose company is facing financial difficulties we can help. You may have been served with a Bankruptcy Petition or if you are a company a Statutory Demand for an unpaid invoice.  It is not always the case that you will need to go down a formal insolvency process as there are ways in which we can assist you to resolve financial pressure from creditors.

Bankruptcy and IVA

If a formal Bankruptcy or Individual Voluntary Arrangement (IVA) process is required then we can assist you to put together the documents or advise you if you are already subject to bankruptcy or you are having problems keeping up with the terms of your voluntary arrangement proposal.

It may be the case that you believe that your company is still viable but your company is just struggling with cash flow problems. We have experience in advising directors and shareholders on financial problems where the company has not yet entered into a formal insolvency process.

We assist directors and individuals facing actions commenced by Insolvency Practitioners such as a claim to return funds to a company known as undervalue claims, preference actions, misfeasance, fraudulent or wrongful trading claims and disqualification proceedings.

We also advise Insolvency Practitioners on all aspects of bankruptcy and company liquidation. 

At McMillan Williams we have a team of dedicated professionals to help guide you through or if applicable avoid the insolvency process.

Our costs are transparent and you will know how much you have to pay before we undertake any work. Your case will be referred to a specialist, not a generalist and our fees are competitive.

We often work on a fixed fee basis so even if we have to spend a little more time in resolving your issue, you will not have to pay more than we quoted.

How We Have Helped Before

  • Successfully acted for Bankrupts on their Bankruptcy Annulment applications including applications for annulment where a Bankruptcy Order should not have been made as well as applications for annulment on the basis of settlement or payment in full;

  • We have assisted Bankrupts in reaching settlement with their Trustee in Bankruptcy in respect of Bankruptcy property allowing the Bankrupt to retain possession of their home;

  • We have acted for companies in resisting compulsory winding up proceedings and in reaching settlement with creditors;

  • We act for Insolvency Practitioners on all types of claims pursuant to the Insolvency Act 1986. We have recovered liquidation assets based in EC countries for the benefit of Bankruptcy and Liquidation estates and have specialist experience in making recoveries by challenging antecedent transactions.

We Can Help

At MW, Our Mission is to make quality legal services accessible to everyone, including those who may have financial difficulties through no fault of their own.  If you need help don’t delay, call us today on 020 3551 8500 or email us at enquiries@mwsolicitors.co.uk

Contact Us

Telephone 020 3551 8500
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