Statutory demands are often used as a debt collection device before insolvency proceedings.
We can serve statutory demands for you, or help with applications to set them aside.
Whether you are pursuing payment of outstanding debt, or dealing with creditors, Newtons, based in Knaresborough near Harrogate, have the knowledge and expertise to ensure the best outcome for you and your business. We are highly experienced in dealing with all aspects of insolvency from statutory demands, bankruptcy and winding up petitions, through to director disqualification and wrongful trading.
For clear, friendly and objective advice on any insolvency matter, please contact us today.
Statutory demands
Statutory demands are often used as a debt collection device before insolvency proceedings. We can serve statutory demands for you, or help with applications to set them aside.
Bankruptcy
We can guide you through every aspect of bankruptcy, including alternatives such as Individual
Voluntary Arrangements
We can issue petitions, or defend and advise on the grounds for opposing. Drafting evidence, negotiating and representation in court are all part of our comprehensive bankruptcy service.
Winding up petitions
We can issue or defend winding up petitions. You may not know that Petitions are advertised and once this happens, your bank account will be frozen. We’ll tell you if it may be possible to prevent the issue of a Petition or its advertisement.
Director disqualifications
Following company insolvency the Directors might find themselves the subject of disqualification proceedings. Newtons Solicitors negotiate on your behalf to avoid the expense of proceedings and reduce the period of disqualification.
Wrongful trading
Following insolvency, personal liability can arise for the Directors if wrongful trading, breach of duty, transactions at undervalue or preference payments can be proven. We can advise and provide representation in these circumstances.
Statutory demands are often used as a debt collection device before insolvency proceedings.
We can serve statutory demands for you, or help with applications to set them aside.
We can guide you through every aspect of bankruptcy, including alternatives such as Individual Voluntary Arrangements.
We can issue petitions, or defend and advise on the grounds for opposing. Drafting evidence, negotiating and representation in court are all part of our comprehensive bankruptcy service.
We can issue or defend winding up petitions.
You may not know that Petitions are advertised and once this happens, your bank account will be frozen. We’ll tell you if it may be possible to prevent the issue of a Petition or its advertisement.
Following company insolvency the Directors might find themselves the subject of disqualification proceedings.
We’ll negotiate on your behalf to avoid the expense of proceedings and reduce the period of disqualification.
Following insolvency, personal liability can arise for the Directors if wrongful trading, breach of duty, transactions at undervalue or preference payments can be proven.
We can advise and provide representation in these circumstances.