Personal Insolvency

NAME*

EMAIL*

TELEPHONE

ORGANISATION NAME

YOUR ENQUIRY

CONTENTS

Services

Dealing with financial difficulties and the impact and aftermath of a potential bankruptcy is inherently stressful and can be all consuming; at times it may be difficult to see how you can move forward and the choices you face may appear impossible. We can help you start to see the wood for the trees, to identify solutions and options.

Negotiate with creditors and manage communications
Guide you with debt disputes
Help you to oppose statutory demands and creditor bankruptcy petitions
Advise you on the legal implications of IVAs and of applying for your own bankruptcy
Help you understand your duties and obligations if you are bankrupt
Advise you on your options if you jointly own property with a bankrupt person or claim any other rights in a property registered to a bankrupt person
Help you to deal appropriately with assets which may have vested in your (or your spouse’s) trustee in bankruptcy
Assist with relief from bankruptcy restrictions
Help you to defend and negotiate void disposition claims
Help you to defend and negotiate transaction at undervalue claims
Help you to defend and negotiate unlawful preference claims
Help you negotiate with trustees in bankruptcy and IVA supervisors generally
Applications to annul your bankruptcy
Advice regarding the administration of potentially insolvent deceased estates
Bankruptcy jurisdiction disputes and cross-border asset recovery

We helped the executors of a large and complex deceased estate involving hotels and other assets which turned out to be insolvent to apply successfully for an insolvent estates administration order and then to validate their expenses incurred in good faith by resisting a court application by the insolvent estate administrator to have them ruled as void.
We helped a bankrupt annul his bankruptcy and to successfully challenge various creditor claims and his trustee in bankruptcy’s costs where the trustee had acted prematurely and/or inappropriately.
We helped a former director of an insolvent company to avoid bankruptcy by persuading the liquidator that his beneficial interest in his family home was confined to 1% of the equity, that this could not be unravelled in a bankruptcy court and that his offer to settle the claims from his income was accordingly reasonable and should be accepted.
We have helped numerous spouses, co-owners of property and other associates of bankrupts to negotiate and/or successfully oppose applications by trustees in bankruptcy for possession and sale of their homes and/or for orders in respect of alleged transactions at an undervalue, thus securing homes and livelihoods.
We have helped individuals of various nationalities to access the protection of an English bankruptcy in the face of creditor opposition and/or adjudicator concerns about jurisdiction.