Business Recovery & Insolvency

The business recovery and insolvency team at Ramsdens Solicitors is here to assist if your organisation faces financial crisis.

Our knowledgeable legal specialists understand that finding the right advice quickly can make a huge difference to the outcome of your case and the future of your business, and we are ready to help you now.

We understand the commercial realities your business is facing at this time, and we are well-placed to offer the most effective legal support when you are experiencing distress and financial difficulties. Ramsdens is ranked in the prestigious Legal 500.

Speak to Ramsdens Solicitors today about our business recovery and insolvency services by calling 01484 821 500 or fill out an online enquiry form, and we will be in touch at a time that is suitable for you.

How Ramsdens can help

Our specialist solicitors have a strong presence and reputation in the insolvency and business recovery landscape. We are widely recognised for our quality of service, industry knowledge and no-nonsense approach to securing effective results for our clients.

The services we offer in this area include:

• Corporate insolvency
• Creditor recoveries
• Advice for directors
• Investigations/asset realisation
• Personal insolvency
• Property and tenant insolvency
• Turnaround and recovery

How we have worked with others

Ramsdens Solicitors has provided business recovery and insolvency services to a wide variety of companies. Some examples of cases we have handled are outlined below:

• Acting for administrators on a complex sale of the business and assets of an engineering company, which resulted in numerous jobs being saved.
• Acting for the liquidator of a company in pursuing the former directors of the company in respect of their overdrawn directors loan accounts and unlawful dividends, which resulted in a return to creditors that would otherwise not have been achieved.
• Acting for a trustee in bankruptcy in pursuing a large transaction at an undervalue claim in excess of £40,000.
• Recovering a debt in excess of £30,000, together with costs for a creditor, which was owed to them by one of their former customers.
• Acting for a former director in negotiating a settlement relating to a preference claim made against him by a liquidator of an insolvent company.

Why choose us?

Our credibility and reputation is built on us being able to provide a more personal and effective service than much larger legal practices.

Our clients include insolvency practitioners from both national and independent firms across the region. We also deal with businesses, their shareholders and creditors, directors and private individuals. We also have strong relationships with many banks and asset-based lenders within the region.

Read our awards and accreditations.