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Insolvency Proceedings

Insolvency Proceedings

by Shergroup
Legal services provided by Shergroup Legal (SRA No. 510565)
Fee Structure:
Price on Application
About This Service
Are you dealing with business insolvency issues? Our Insolvency
Proceedings service, delivered through our sister law firm Shergroup
Legal (SRA No. 510565), provides expert legal guidance and support
throughout the insolvency process. With qualified solicitors
supervising all proceedings and fixed fee statutory demands
available, we offer transparent pricing for professional assistance in
navigating these complex legal procedures.
Service Delivery
  • Initial insolvency assessment
  • Documentation preparation
  • Statutory demand service (supervised by solicitors)
  • Court filing management
  • Creditor representation
  • Asset recovery coordination

Efficient Insolvency Proceedings Support

Our Insolvency Proceedings service is designed to help businesses and creditors navigate complex insolvency issues. Whether you’re a creditor seeking to recover funds from an insolvent debtor or a business facing insolvency, our team provides the expertise needed to guide you through the legal requirements.

With fixed fee statutory demand services, you can trust that the pricing is transparent and predictable. We ensure that every step of the insolvency process, from initial assessment to asset recovery, is handled efficiently and professionally.

For assistance, contact us at 020 3588 4240 or email [email protected]. For further support with debt recovery or commercial contracts, our Commercial Debt Recovery and Commercial Contract Services are available.

Product Details

Service Insolvency Proceedings
Category Legal Solutions
Fee Structure Price on Application

How Insolvency Proceedings Work

  • Initial insolvency assessment to determine the most appropriate course of action
  • Meticulous preparation of all required legal documents
  • Service of statutory demands in compliance with legal requirements
  • Management of court applications and filings when needed
  • Creditor representation to protect your interests throughout the process
  • Identification and recovery of available assets for distribution

Frequently Asked Questions (FAQs)

What is a statutory demand and why is it important in insolvency proceedings?
A statutory demand is a formal legal notice requesting payment of a debt. If the debtor fails to respond or settle the debt within 21 days, it can be used as grounds for winding-up or bankruptcy proceedings.
How do your fixed fee statutory demands work?
Our fixed fee statutory demands provide a clear, upfront cost for preparing and serving statutory demands, ensuring financial certainty from the start.
What types of insolvency proceedings do you assist with?
We assist with various insolvency proceedings, including liquidation, administration, company voluntary arrangements (CVAs), receivership, and individual bankruptcy cases.
How long does the insolvency process typically take?
The timeline varies based on the complexity of the case. Simple cases may resolve within months, while more complex situations could take years. We provide an estimated timeline after an initial assessment.
Can you help if a statutory demand has been served against my company?
Yes, we offer immediate guidance if your company has received a statutory demand. It’s crucial to act quickly, as there is a limited time to respond or challenge the demand.
How does your insolvency service integrate with other services?
Our insolvency service works seamlessly with our Commercial Debt Recovery and Commercial Contract Services to provide a full spectrum of financial and legal support.

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Last updated | 19 July 2023

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