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Insolvency - Bankruptcy Proceedings
Bankruptcy applies to individuals rather than
companies and such orders are made against a person when they are
unable to meet their debts and liabilities when called upon to do
so.
We act for both debtors in defending petitions and creditors in
pursuing bankruptcy petitions from the presentation of the statutory
demand through to the final bankruptcy hearing. We also act in respect
of defending claims by Trustees for recovery of property and advising
bankrupts upon opposition to discharge of their order, pension and
property rights and all matters connected to bankruptcy.
This area demands a thorough knowledge of the Insolvency Act and
Rules 1986 and our specialist team has extensive experience of handling
many types of bankruptcy matters for both petitioning creditors
and debtors whilst at all times bearing in mind the economics of
such actions - as they often arise out of debt in the first place.
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