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Insolvency

We can advise on a broad range of issues relating to contentious and non-contentious insolvency acting for insolvency practitioners, companies, directors and individuals.

If your company is experiencing financial difficulties we can offer advice on business turnaround, restructuring or formal insolvency proceedings, as well as advising directors on their obligations and duties under the insolvency and companies legislation, or creditors dealing with a business in financial difficulty.

We can also advise on issues arising from personal insolvency, whether facing bankruptcy yourself or considering presenting a bankruptcy petition.  As well as advising trustees in bankruptcy on causes of action under insolvency legislation, and on the realisation of assets.

Personal Insolvency

We can advise individuals, creditors and trustees in bankruptcy on all aspects of personal insolvency including:

  • issuing and defending statutory demands and bankruptcy petitions;
  • dealing with bankruptcy annulment applications and orders;
  • bringing or defending claims arising from bankruptcy, including reviewable transactions such as transactions at an undervalue, preference claims and claims pursuant to section 423 of the Insolvency Act; and
  • possession and sale of property applications by trustees in bankruptcy (both bringing and defending, including claims where the registered interests do not reflect the equitable position);
  • assignments of causes of action; and
  • advising all relevant parties in respect of individual voluntary arrangements.

For further information, please contact Company and Commercial Services Partner Marina MacLennan on 0117 929 2811 or email marina.maclennan@wards.uk.com.

"Elizabeth was very, very good in dealing with my case and I could not have been better informed. Promptly responded to. Great service all round."

"Its been refreshing to deal with somebody as professional and efficient as yourself, especially your prompt communication throughout. These seem to be rare attributes these days."

"James dealt with matters very efficiently and empathetically and always answered telephone calls and queries the same day - excellent communication from him."

"Emma Kerry has been excellent in her communication both with myself and the opposing solicitor. I would thoroughly recommend her."

Important notice: please read

Cyber-crime is on the increase and solicitor transactions can be hijacked by scammers. This commonly takes the form of email or phone interception.  At the start of our working relationship we will provide you with terms of business that include our account details – these will never change.

Please be aware that we will never ask you to send money to a different bank account, particularly by email. If you receive a request for money from us please check that everything matches the details in our terms of business.

If you receive an email giving any other bank account please telephone us immediately without replying to the email or sending any money. We accept no responsibility if you transfer money to a bank account which is not ours.

Wards Solicitors