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 and actions, not opinions.
Partner & Deputy Head of Civil & Commercial Litigation
Are you an individual or company director whose company is facing financial difficulties? Have you been served with a Bankruptcy Petition or Statutory Demand for an unpaid invoice?
You do not always need to go down a formal insolvency process to resolve these types of issues. There are ways in which we can assist you to resolve the financial pressure from creditors.
Bankruptcy and Individual Voluntary Arrangements (IVA)
If a formal Bankruptcy or 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.
Experienced and Dedicated Professionals
At McMillan Williams we have a team of dedicated professionals to help guide you through and in some cases avoid the insolvency process.
Our fees are competitive and transparent. You will know how much you have to pay before we undertake any work. Your case will be referred to a specialist Commercial Debt Recovery specialist.
We can 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.
Our Track Record
- We 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 settlements with their Trustees allowing them to retain possession of their home;
- We have acted for companies in resisting compulsory winding up proceedings and in reaching settlements with creditors;
- We act for Insolvency Practitioners on all types of claims. 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.