Corporate Insolvency Solicitors Manchester

Corporate insolvency is a situation that a business may face when experiencing financial difficulty. It happens when a company can no longer pay its debts, is unable to pay them when they fall due, or when its liabilities exceed that of its assets. If you’re dealing with corporate insolvency in Manchester, whether as an individual or a business, our expert corporate insolvency solicitors are here to help you find a solution that suits your needs.

At Farleys, our insolvency and restructuring team has spent years honing their skills. We act on behalf of administrators, receivers, liquidators, and insolvency practitioners alike. When a business is insolvent, it doesn’t necessarily mean it will need to liquidate. We provide expert guidance on how to turn things around and overcome the financial challenges you’re currently facing.

How can our Manchester solicitors help you?

We can help you with many aspects of corporate insolvency law, whether you’re a creditor or investor of a company pursuing a return for your investment or a director seeking to prevent liquidation of your company. Our legal advice includes the following areas:

• Directors and Duties
• Administration Applications
• Administration Restoration
• Claims by Administrators or Liquidators
• Injunctions to Restrain Winding Up Petitions
• Corporate Insolvency and Government Act 2020
• Our team also have expertise across a wide range of personal insolvency matters, including bankruptcy, IVAs, debt recovery and statutory demands.

Head to our subpages to read in more depth about how we can offer advice and guidance on each of these separate issues, or call our office on 0161 660 4254 to be put in touch with our friendly corporate insolvency solicitors.

Insolvency law for individuals in Manchester

We also offer services tailored to individuals like company directors as well as other senior members of staff. We know how stressful these situations can be, and we’re here to help alleviate that stress and provide the necessary guidance and advice you need to navigate the situation.

We can assist you with negotiating with creditors and arranging payment plans, including Individual Voluntary Agreements (IVA). If you’re dealing with bankruptcy, we can also help you with the legal aspects. We’ll also identify and fully explain any implications that might arise from non-payment.

Our insolvency services in Manchester also cover possible enforcement actions by creditors. Our corporate insolvency solicitors will sit with you, explain how every aspect of the process could affect you, and give their recommendations for how to proceed. If necessary, we can also help you challenge this effective action if we believe it is in your best interest.

Why choose Farleys?

We have over 60 years of experience dealing with corporate insolvency matters at Farleys. So, when you come to us, you can trust us to handle the situation proactively.
To ensure you’re informed, we’ll keep you in the loop every step of the way, thoroughly explaining all the available avenues you can take.

We’ll take the necessary time to fully understand your business’s or individual circumstances, and do our utmost to help you navigate through this difficult period. If you would like the assistance of one of the expert corporate insolvency solicitors in our Manchester office, you can request a callback or directly call us at 01254606008 to speak to a member of our team today.

Insolvency law for individuals in Manchester

We offer a range of insolvency services specifically tailored for individuals, such as company directors and other senior staff. We recognise that navigating your way through any sorts of legal proceedings can be an intensely stressful experience, but here at Farleys Solicitors our aim is to minimise that stress by making everything as simple and straightforward for you as we can.

We can provide helpful guidance on how to approach negotiations with creditors, including the arrangement of any informal payment plans or Individual Voluntary Agreements (IVA). If the issue of bankruptcy is relevant to your case, we can provide detailed advice as to the most significant factors that relate to your situation. We’ll also identify and fully explain any implications that might arise from non-payment.

Our insolvency services in Manchester also cover possible enforcement actions by creditors, and explaining all the ways in which these could affect you. If appropriate, we can provide assistance and support in challenging these enforcement actions, in circumstances where we feel your best interests would be served by doing so.

How can Farleys Corporate Solicitors help?

Farleys Solicitors LLP is a friendly, trusted, and straight-talking local firm with over 50 years of experience in serving clients in Manchester and across the North West. Our solicitors draw upon a wealth of knowledge and industry-specific expertise in order to answer all of your most pressing questions regarding Administrative Restoration.

Feel free to get in touch with our Manchester Corporate Solicitors today on 0161 660 4254 or contact us by email.