Our Insolvency Fees | Insolvency FAQs
In difficult times, apart from concerns over health of loved ones, you may have to consider the financial health of your business. You may reach a stage where you need to consider if your business is solvent. If you are trading as limited company then the onus is on you to ensure that you are not trading whilst you are insolvent as that will open you to allegations of wrong full trading. If you are a partnership or sole trader, it becomes even more important as you become personally liable for the debts of your business.
It is important to seek professional advice before you reach this stage as professionals like us can guide you through various options and how it may affect your business. We are a law firm, but have a team consisting of accountants and licensed insolvency practitioner (IP) on board and we work as a team. We can assist in number of ways including negotiating an agreeable settlement with creditors.
If you owe tax or VAT to HMRC or are threatened by a creditor with bankruptcy or winding up petition, you need to take urgent action to prevent bankruptcy or liquidation.
We at Freeman Harris with our other professional members can help you through this process and find an appropriate solution for you.
If you are in this situation please call us to discuss how we can assist and what fee arrangements we can offer?
Abdul carries out a broad range of legal work which include bankruptcy and insolvency work.
Talha has been working as a Paralegal assisting a range of departments with their research, drafting and correspondence.
We are working on writing FAQs for this service. We will update this soon.
Solicitor Fees: £120
Contact us to discuss your matter and we will inform you how we can assist.
Fees inclusive of VAT and disbursements
N.B. provided simple and straightforward