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Insolvency

Insolvency Solicitors in Bromley

From a director worried about cashflow to a creditor faced with a debtor entering administration, our Bromley insolvency solicitors advise on the rights, duties and options at each stage.

Corporate insolvency

  • Director duties when a company is in distress
  • Wrongful and fraudulent trading risk
  • Creditors' Voluntary Liquidation (CVL)
  • Compulsory liquidation (creditor winding-up petitions)
  • Administration
  • Company Voluntary Arrangements (CVAs)
  • Pre-pack administrations

Personal insolvency

See our separate bankruptcy page for personal insolvency in detail (bankruptcy, IVAs, DROs).

Acting for creditors

We help creditors respond to insolvent debtors — proving debts, pursuing antecedent transactions, challenging IVAs and CVAs, and recovering preferential and unfair transactions.

Frequently asked questions

What are a director's duties when their company is insolvent?

When a company is or is likely to become insolvent, directors' primary duty shifts from shareholders to creditors. Continuing to trade in those circumstances can expose directors to personal liability (wrongful trading). Early advice is essential.

Are you SRA-regulated?

Yes. Legal services are provided by [Firm Name], authorised and regulated by the Solicitors Regulation Authority under SRA No. [SRA Number]. You can verify our regulation on the SRA register at sra.org.uk.

Do you offer a free initial enquiry?

Yes. We offer a free initial enquiry by phone or via our online form so we can understand your matter, explain how we can help, and outline likely costs before you commit. Please call [Phone Number] or use the enquiry form on this page.

How much will it cost?

It depends on the complexity of your matter. Where possible we work on fixed fees; otherwise we give you a clear written estimate at the outset and tell you straight away if anything changes. We will never present you with an unexpected bill.

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Speak with a Bromley solicitor today

Confidential, practical legal advice from local solicitors who know the area.