Dealing with Creditors and Debtors
Dealing with Creditors and Debtors
Negotiating formal and informal agreements during insolvency proceedings
Depending on the route out of insolvency, you will need to negotiate with creditors and debtors of the business during recovery or liquidation. This communication activity is normally trusted to an external IP, solicitor or business consultant who can liaise with creditors and debtors on your behalf in an official capacity.
As lawyers and dispute specialists, not only can we advise on the process of insolvency procedures, we can help to identify where changes could be made and discuss the legal implications and solutions of each area of insolvency law, delivering to you a plan to help your business evolve or liquidate, with advice on any appropriate court applications that could make a huge difference to your circumstances.