Going into Liquidation and Winding up Petitions

Whether you are going into liquidation voluntarily or you have had a winding up petition filed against you, the experienced liquidation and debt recovery lawyers at PHR Solicitors can provide you with legal advice and guidance during what can be an upsetting and complicated process.

Our solicitors will help you resolve your financial problems and keep you aware of the available options at every stage of winding up. Whatever the size of your business, we have all the necessary skills and expertise to ensure you emerge from the liquidation process intact having suffered as little damage to personal assets as possible.

For more information call PHR Solicitors' specialist liquidation and winding up team on Freephone 0800 781 3894 or complete our enquiry form .

Voluntary or Compulsory Winding Up

Liquidation, or the winding up of a business, can occur as a result of a court order, or it may be entered into voluntarily when a business owner can no longer sustain the level of debt they have incurred and is in dire need of funds to pay off creditors.

• Voluntary Liquidation : Our team of debt recovery solicitors can oversee the liquidation of your business, ensuring that funds are allocated correctly and providing legal advice, guidance and support at every stage of the process.
• Compulsory Liquidation : If your business is winding up as a result of a court order, our lawyers can provide advice on the fastest possible way in which you can liquidate your company, whilst at the same time minimising damage to personal assets.

In certain circumstances it is possible to stop a winding up petition, but you must act quickly decisively and contact an experienced professional as soon as possible. The more time you have to build an alternative business plan, the more successful you are likely to be.

Contact PHR Solicitors

If you are concerned that your business debt is out of control, it is important that you contact a debt recovery solicitor as soon as possible. If your company can be saved, whether this is achievable through restructuring or writing off debts, the team at PHR Solicitors can help by offering clear, easy to understand advice.

If your business cannot be saved, or you are already embroiled in winding up proceedings, we can ensure the whole process is as swift as possible whilst at the same time helping you to preserve the assets you have left.

For more information call PHR Solicitors' specialist liquidation and winding up team. Call freephone 0800 781 3894 or complete the enquiry form on the 'contact us' page.