Insolvency and Liquidation

In the Coronavirus (Covid-19) crisis and without the expected post-Brexit upturn, debtors are increasingly becoming insolvent. If a debtor owing you a large sum is heading in this direction, the Paralegal Department at Debt Collection & Bailiffs Business Closure Law Firm Guildford can bring insolvency/bankruptcy proceedings to wind up their estate, liquidate assets and pay off you as a creditor BEFORE any other creditors and all this is WITHOUT the need for bailiff involvement.

Perhaps it is your business that was struggling before the Coronavirus (Covid-19) crisis but waiting for the Brexit upturn. Now you look in dismay at zero sales and your company, the fruit of your hard work and even of your blood, sweat and tears, suddenly teeters on the edge of insolvency and bankruptcy. As your business collapses, so does your confidence. Business Failure is a bitter pill to swallow. Understandable.

There are various avenues for liquidating a business and it is important to choose the correct one and it is vital but difficult to keep a clear head in such circumstances, especially where worry and sleepless nights make you unable to think straight and act effectively.

At Debt Collection & Bailiffs Business Closure Law Firm, we can and do keep a clear head as our heritage is in successful debt collection for all types and sizes of business and in forcing delinquent debtors into liquidation where they refuse to pay debts owed to their creditors. With this solid foundation, we are qualified to perform Business Closure where proceeds released are maximised in order to meet liabilities.

Call us at Debt Collection, Bailiffs and Business Closure Law Firm Guildford for a friendly and no-obligation chat. After we take over the administration of your business closure, our tough but lawful bailiffs keep their ears and ears open on overdue debtors and chase them up for payment of outstanding invoices and doubtful debts.

Our local presence also allows us to deal with employees queries, ensuring that redundancy advice can be passed to employees who place more confidence in information coming from a local, near source rather than from a location faraway.