Insolvency and bankruptcy

Financial difficulties can be stressful and overwhelming, particularly when you are unsure what action creditors may take or what options are available to you.

If you are facing bankruptcy, personal insolvency proceedings or a dispute involving an unpaid debt, obtaining legal advice at an early stage can help you understand your position and make informed decisions about what to do next.

Our experienced insolvency and bankruptcy solicitors provide clear, practical advice to individuals and creditors. We will take the time to understand your circumstances, explain the legal options available and guide you through the process.

How can our insolvency and bankruptcy solicitors help?

We can advise on:

• Bankruptcy applications and proceedings
• Bankruptcy petitions
• Statutory demands
• Individual insolvency matters
• Advice for creditors
• Challenging a statutory demand
• Bankruptcy restrictions
• Disputed debts and insolvency proceedings
• Enforcement and recovery action
• Insolvency-related court proceedings

Facing bankruptcy or insolvency proceedings

If you are facing bankruptcy proceedings, it is important to understand the potential consequences and the options available to you.

Bankruptcy can affect your finances, assets and ability to obtain credit. Depending on your circumstances, there may also be restrictions on certain activities while you are bankrupt.

Our solicitors can advise you on the bankruptcy process, explain your legal position and help you respond to proceedings or action taken by creditors.

Statutory demands and bankruptcy petitions

Receiving a statutory demand or bankruptcy petition should not be ignored. Strict deadlines may apply and failing to respond could have serious consequences.

If you dispute the debt or believe there are grounds to challenge the action being taken, you should seek legal advice promptly.

Our insolvency solicitors can review the circumstances, advise you on your options and represent you in any related court proceedings.

Advice for creditors

If you are owed money and conventional debt recovery action has been unsuccessful, insolvency proceedings may sometimes need to be considered.

We can advise creditors on statutory demands, bankruptcy proceedings and the legal options available for pursuing an outstanding debt.

We will help you understand the potential risks, costs and likely outcomes before deciding how to proceed.

Speak to our insolvency and bankruptcy solicitors

If you are facing bankruptcy or insolvency proceedings, have received a statutory demand or need advice as a creditor, speak to our experienced solicitors.

Call us on 01245 493939, email mail@gepp.co.uk or request a call back to discuss how we can help.

Areas of expertise

• Bankruptcy
• Creditor services, including debt recovery, enforcement of judgements and security realisation
• Debt relief orders (DROs)
• Individual voluntary arrangements (IVAs)