Advice to Debtors
Many individuals may be facing personal financial difficulties resulting from failed or under-performing businesses (sole tradership, partnership or companies) or simply living beyond their means. There are various remedies available to protect the individual from creditor pressure which Leathes Prior can advise on and help the individual to implement including:
- Informal arrangements with creditors
- Individual Voluntary Arrangements
- Administration orders
- Bankruptcy
If your business is operated through a limited company there are additional insolvency procedures available and further implications. For more details please click here.
If you have any enquiries, please contact Adam McCaw or Ina Beurich – or alternatively please call us on 01603 610911.
