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Business Insolvency Solicitors for Burton on trent

Else Solicitors

Modern, dynamic and forward thinking solicitors who have the expertise you expect from a large, traditional law firm. Working with businesses and individuals across the Midlands and throughout the UK. Proactive, timely and practical advice with a personal, professional and jargon-free approach. Free parking and wheelchair accessible.  
Address First Avenue, Centrum 100, Burton On Trent, England DE14 2WE
Web http://www.elselaw.co.uk
Email info@elselaw.co.uk
Phone 01283 526200
ScalesThey work on: Wills and Probate, Unfair/Constructive Dismissal, Professional Negligence, Landlord/Tenant Dispute, Intellectual Property, Employment Dispute, Discrimination and Harassment, Debt Recovery, Debt / Bankruptcy, Conveyancing, Consumer Rights Dispute, Commercial Property, Business/Commercial Law, Business Dispute Resolution, Business Debt/Insolvency. More Solicitors in Burton On Trent »
Else Solicitors


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Burton On Trent Information:




Commercial Bankruptcy Information:

[snippet ...] If you are a sole trader or in a partnership then you would need to declare personal bankruptcy if you are unable to keep up with your personal and business debts and liabilities. You may have the option of making an informal agreement with your creditors to pay your debt on different terms. If the creditors are unable to recover the debts they are owed through a court judgement or a statutory demand, they can apply to wind the company up (compulsory liquidation). The creditors can be notified of this by the liquidator, if a gathering of the members fails to yield a decision to pursue voluntary liquidation, as a result of the enterprise is bancrupt. A court will normally be introduced with a request, known as a 'petition' from an fascinated celebration that the business be liquidated.

Even in case you, or the opposite administrators of your organization, will not be accused of misconduct, insolvency will finally lead to the liquidation and dissolution of the business if the underlying issues are usually not addressed and it is for this very reason you should seek professional assist from a UK licensed insolvency practitioner. » Read entire article »

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