Insolvency & Personal Bankruptcy

Difficulties in paying the money you owe can arise because of redundancy, bereavement or a career change or because you have over-stretched your finances by taking out too many loans and other forms of credit.

As soon as problems arise, seek professional legal advice on your options. Specialist legal advisers at Else Solicitors understand the pressures you are under and can offer prompt, impartial and confidential advice on ways to reduce and manage your debts.

Bankruptcy is one way of dealing with your debts, but it is important to know that there are other options available. We can talk you through them and help you decide the best course of action in your personal circumstances.

How We Can Help

Else Solicitors’ insolvency and personal bankruptcy team can advise you on:

  • Bankruptcy.
  • Individual Voluntary Arrangements (IVAs).
  • Debt Management.
  • Financial Crisis Management.

An initial consultation with a personal insolvency or bankruptcy solicitor is free and without obligation.

For more detailed legal advice in relation to insolvency and personal bankruptcy, please contact the insolvency and business recovery team team on 01283 526200, alternatively you can send us a message and one of our specialist solicitors will be in touch.

Winding Up Petition

A winding up petition is a formal document issued by the Court against a Limited company or a Limited Liability Partnership.


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Director Disqualification

A company director can be disqualified, or banned, for up to 15 years if they do not meet their legal obligations.


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Administration & Liquidation

When a company is struggling financially and unable to pay its debts, expert legal advice is vital.


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Wrongful Trading & Directors Liabilities

If a company becomes insolvent and goes into liquidation, a director may be deemed personally liable for ‘wrongful trading’.


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Company Restoration

Once a company is dissolved, or struck off, it no longer legally exists and the assets are passed to The Crown.


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Retention Of Title Claims

If you have supplied goods and not been paid in full, you can apply to take those goods back if you have a properly drafted Retention Of Title (ROT) clause in your trading terms.


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Insolvency & Personal Bankruptcy

Difficulties in paying the money you owe can arise because of redundancy, bereavement or a career change or because you have over-stretched your finances by taking out too many loans and other forms of credit.


Learn More >

Chris is the founding Partner of Else Solicitors and has over 25 years’ experience as a commercial solicitor dealing mainly with commercial disputes. He is also an accredited Mediator.

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Chris Else

Managing Partner

How can we help?

Get in touch.

At Else, we are specialists when it comes to business debt restructuring practices and insolvency legislation.

If you would like to speak to one of our business recovery solicitors contact 01283 526200. Alternatively, you can send us a message and we will get in touch at a time that suits you.

Legally Speaking