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Debt & Bankruptcy Solicitors for Burnley

Clearwater Solicitors LLP

A professional law firm specialising in providing services to individuals and Businesses.  
Address Clearwater House, 119 - 121 Colne Road, Burnley, BB10 1LN
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ScalesThey work on: Work Injury, Wills and Probate, Slip Trip or Fall, Road Accidents, Professional Negligence, Personal Injury, Civil Litigation, Motoring Offences, Medical Negligence, Industrial Injury or Disease, Immigration & Visas, Family Law, Divorce, Debt / Bankruptcy, Criminal Injuries, Business/Commercial Law, Asbestos Claims. More Solicitors in Burnley »
Clearwater Solicitors LLP


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[snippet ...] As a different option for liquidation an account holder may propose an Individual Voluntary Arrangement (IVA) to his loan bosses (see Part VIII of the Insolvency Act 1986) or a Debt Relief Order if obligations don't surpass a certain limit. A DRO is a disentangled, faster and less expensive different option for insolvency in the United Kingdom, suitable for indebted individuals who have few or no advantages (not exactly £300 and not mortgage holders) and minimal discretionary cashflow (not exactly £50 every month).

The Courts can be concerned to see that where such a power is exercised, it is exercised in good religion.

Going into enterprise with others is the industrial equal of getting married, and the divorces which often follow could be simply as painful as a marriage breakdown. The Bankruptcy Court docket sustained the objection despite the fact that there was opposite authority inside the circuit. Medical Bills ongoing.

Firm A had a protracted standing agreement to offer particular engineering works to Company B. A company entity: sure, a solicitor can provoke insolvency proceedings on the idea of unpaid charges. » Read entire article »

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