Individual Insolvency

Our insolvency team at Herrington Carmichael LLP are experienced in insolvency matters and can provide you with realistic options. If after consideration we believe the best option for you is bankruptcy, we would encourage you to do it yourself. For avoidance of doubt we do not offer any form of Legal Aid.

We can assist you with all aspects of your bankruptcy, to include:

  • Advising you on your prospects of proposing an Individual Voluntary Arrangement ("IVA");
  • Help you by making an informal arrangement with your creditors to avoid bankruptcy;
  • Assisting you if your Trustee is making an application to sell your property;
  • Assisting you on an annulment application (if you dispute the making of the bankruptcy order, or by paying of the bankruptcy debts,) which in most cases would be treated as though you had not been made bankrupt;
  • Advising and assisting family members who are effected by the bankruptcy and who may have interest in the assets which may be realised in your bankruptcy;
  • Assisting you if your Trustee is attempting to obtain a Bankruptcy Restriction Order against you;
  • Assisting you if your Trustee is seeking to pursue an action against you for any transactions which contradict the Insolvency Act 1986, such as Preference claims, Transaction at an undervalue, etc;

 

For further information on the services we may offer you or your partner/relative, please do not hesitate to contact the Dispute Resolution department at drteam@herrington-carmichael.com or 01276 686222.

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Camberley:    +44 (0)1276 686 222
Wokingham:  +44 (0)1189 774 045
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