Whether you are an individual who is struggling to meet their debts and are considering petitioning for your own bankruptcy or you wish to pursue an individual for monies owed, we have the expertise and skills to help.
Due to the economically trying times we find ourselves in individuals, however commercially aware and diligent they may be, can find themselves unable to meet their creditors demands for repayment. There are various options which creditors can take to recover their debt from you. Often the most desirable way is to reach a commercially amicable agreement to discharge the debt.
However, creditors can be aggressive in recovering debt by initiating insolvency proceedings against your which can ultimately result in you being made bankrupt which can be devastating.
If you are struggling to pay your debts, have been threatened with Court proceedings or served a statutory demand, the best way to resolve the dispute is to seek legal advice at the earliest opportunity. Only then will you know what commercial options are open to you.
Sometimes you may be burdened with so much debt that petitioning for your own bankruptcy is the only viable option. We can advise you on your position and the best way forward.
At Waldron & Schofield we have experience of acting for both creditors and debtors in debt dispute and bankruptcy proceedings. We are therefore extremely well placed to advise clients as to the likely outcome of any action and therefore the most appropriate steps they should take.
Get in touch
If you cannot reach an agreement with its creditors, have been served with a statutory demand or threatened with Court proceedings, simply call us on 01706 624 029 or fill in the online contact form. We have offices in Heywood, Altrincham and Stretford with easy access for clients in Cheshire, Bury, Rochdale and surrounding areas.