Bankruptcy Petitions are issued against individual debtors and in the vast majority of cases can only be issued following an unsatisfied Statutory Demand.
Bankruptcy Petitions are a measure of last resort as the costs involved are high and in the event of bankruptcy you may not recover your debt.
- generally applying only to higher value debts
- petition issued at debtor's local Court
- dealing with personal service of Petition
- giving advice on any proposals for payment
- dealing with the final hearing of the Petition
Balancing the impact of bad debts against the cost of recovery is our key commercial focus.
We appreciate the competing priorities of maintaining a healthy balance sheet against maximising client retention. By taking time to understand your business and the wider commercial environment in which you operate, we can provide proactive, timely and cost-effective solutions to debt recovery
Bankruptcy solicitors
To arrange a discussion with a bankruptcy solicitor click here or call us on 0800 840 4929.
