SOMEONE OWES US MONEY
If someone owes you money and they are not already in an insolvency process, we would advise that you seek advice from a Solicitor. If you do not already have one, we can provide you with a list of local ones.

If an Insolvency Practitioner writes to you, the odds are that you will not receive your debt in full. There are, though, things you can do to make sure that you do not lose more money than you have to.

Voluntary Arrangements are offers to you as a creditor. By looking closely at the offer and at information they have already given you before, we may be able to show the debtor or company that they can afford to pay you more than they thought.

Creditors Voluntary Liquidations include a meeting with a director. Sometimes directors forget to tell the Insolvency Practitioner about assets, or do not realise that they have them (such as insurance or similar). We can arrange to attend the meeting on your behalf to ask the right questions.

In a bankruptcy, there is also often a meeting. We can again go to that meeting, and if appointed Trustee in Bankruptcy look for assets and other ways to maximise the return to creditors.

In a compulsory liquidation, there is also often a meeting. We can again go to that meeting, and if appointed Liquidator look for assets and other ways to maximise the return to creditors.

We do not usually charge for attending a meeting of creditors. If we are appointed to deal with an insolvency matter, our fees are always set out clearly in advance. Usually these are as a percentage of the assets realised.