Corporate and personal, bankruptcy and liquidations

Insolvency Solicitors

Every insolvency situation is different. If you or your company is struggling with your finances and unable to pay your bills, there are always options and remedies available which will hopefully mean a satisfactory outcome for everyone involved.

Insolvency can be a complex process, involving various areas of law, including employment, tax, property, family and others. At Nelsons, our team of specialist solicitors in Derby, Leicester and Nottingham have the experience to know how to handle each type of insolvency situation, minimising risk and safeguarding clients’ positions.

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How our insolvency solicitors can help

Our team advises individuals, businesses and insolvency practitioners at all stages of the insolvency process, from early difficulties paying debts through to formal insolvency proceedings.

There are many advantages to getting our team involved straight away. As part of our credit management service, financial challenges can be managed and, through training, contract reviews and preventative support, insolvency may be avoided altogether.

Our solicitors can advise on a variety of insolvency-related issues, including:

  • Avoiding insolvency altogether, if appropriate
  • Administration
  • Liquidation
  • Company Voluntary Arrangement (CVA)
  • Law of Property Act Receivership (LPA Receiver)
  • Bankruptcy
  • Individual Voluntary Arrangement (IVA)
  • Disputing winding up petitions
  • Antecedent transactions
  • Restructuring
  • Personal guarantees
  • Recovering debts owed by an insolvent individual or business

When it comes to insolvency both debtors and creditors must act quickly. A debtor could face more punitive restrictions the longer their debt goes unpaid. In respect of creditors, they need to act quickly to ensure they recover as much as is feasibly possible from insolvent debtors. Regardless of your circumstances, it is important to obtain legal advice as soon as possible.

Meet the team

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Why choose Nelsons?

  • Experienced team – Our insolvency solicitors have extensive experience in handling a wide range of insolvency matters, ensuring you receive knowledgeable and practical advice. The team is also recommended by the independently-researched publication, The Legal 500.
  • Personalised approach – We understand that every situation is unique. Our solicitors take the time to understand your specific circumstances and tailor their advice to meet your needs.
  • Compassionate support – We are committed to providing compassionate support, helping you make informed decisions during challenging times.
  • Proven track record: With a strong track record of successful outcomes, you can trust us to handle your insolvency matters with professionalism and expertise.

Testimonials…

  • "Active in both corporate and personal insolvency work, Nelsons Solicitors Limited has a strong profile in the East Midlands market, and fields insolvency and restructuring experts in each of its offices in Leicester, Nottingham and Derby..."

    The Legal 500
  • "...It also undertakes a significant amount of work for London-based clients."

    The Legal 500 (Continued)
  • "Nelsons Solicitors Limited's team possesses 'a wealth of knowledge' and impresses with 'speedy responses' and its ability to 'quickly grasp the crux of the matter'..."

    The Legal 500
  • "...Adept at both contentious and non-contentious work, the team handles the full range of insolvency-related mandates…"

    The Legal 500 (Continued)
  • "A company that is able to offer a diverse range of support that a typical manufacturing business requires."

    Referee feedback provided to The Legal 500 2024

For more information on how our expert team of solicitors can assist you, please contact us via our online enquiry form or call 0800 024 1976 for a guaranteed response.

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