Helping Creditors to collect debts

• As a Liquidator or Trustee our primary objective is to maximise creditors' interests
• We investigate the affairs of the company and its directors or the insolvent individual
• We recover and release funds due to the estate
• We distribute to the creditors
• We can accept compulsory liquidation or trustee appointments (even where an alternative insolvency practitioner has been nominated)
• We can seek to obtain the required majority to take voluntary appointments (even where an alternative insolvency practitioner has been nominated)

At no charge we can represent you and/or your client at creditors meetings convened under the Insolvency Acts. Such meetings would include:

• Meeting of Creditors convened by an Administrator to seek approval to his proposals within 10 weeks of his appointment
• Company or Individual Voluntary Arrangement proposals submitted by a Nominee for approval by Creditors
• Appointment of a Liquidator/formation of a committee in Creditors Voluntary Liquidations
• Attendance at Compulsory Liquidation and Bankruptcy meetings convened by the Official Receiver

Our specialist teams will assess and pursue claims for:

• Fraudulent trading
• Wrongful trading
• Misfeasance
• Preference
• Transactions at an undervalue
• Unpaid capital
• Recovery of voidable dispositions
• Unlawful dividends

Please contact us for more details

Working on your behalf, we can negotiate with the debtor or its Administrators and other stakeholders.

If your client is a landlord or essential supplier to the business it is vitally important that acceptable terms are agreed for the recovery and survival of the business.

A supplier review may be performed when the supplier has concerns about existing credit it has advanced to a business.

The review will include:

• Looking at recent financial performance to identify the causes for the problems
• Assessing the existing credit worthiness of the business
• Misfeasance
• Preparing a commentary on management's forecast of how the business is expected to perform going forward