Businesses must keep on top of their finances and cash flow is more important now than ever before. Reliable and predictable cash flow is critical to the success of any business, we understand this, and we act for companies and individuals who want to get paid.
On Behalf of Lenders / Creditors and Insolvency Practitioners
We will assist you in obtaining full payment of your liability wherever possible. There are times when the third party in question cannot pay and our team is experienced in guiding you through the process of winding up and bankruptcy petitions in these situations. We will advise when such proceedings are appropriate and what the consequences will be. This could be the case where an individual debtor or company is subject to insolvency proceedings outside your control and we will assist in ensuring you are in the best position as a creditor in such scenarios.
We act for Insolvency Practitioners in their capacity as liquidators, trustees and administrators and advise on all aspects of each insolvency regime. Hand in hand with this is our advice to creditors to ensure they are in the best position whether this be to achieve realisation of their security, the best return on unsecured liabilities or representation through the insolvency process.
When a business is in difficulty it is often the business owners who need the benefit of our advice and expertise. We can help in advising directors, shareholders and sole traders on the position of the business if it finds itself facing the possibility of insolvency. Early advice is key in order that we can ensure that our clients in this situation have the most options available to them.
Whether you or your business is facing insolvency or you have a debtor dealing with insolvency issues our advice will be commercial and pragmatic to ensure the best outcome available.
To arrange a free initial consultation in either our Blackburn or Bolton office please speak to Kathryn Maclennan on 01254 268790/01204 527777 or email KMaclennan@kbl.co.uk
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