Insolvency Property Portfolios
Representation
Getting paid for your services on time is always difficult, particularly when the country is in recession, however when a customer begins paying later and later and stops communicating with you the signs are there that they are in financial difficulty. If action is not taken swiftly then control of the situation can be quickly lost and you can end up with a host of bad debts which in turn may place you in financial difficulties of your own.
At Geoffrey Martin & Co we have the knowledge and expertise to guide you through your rights as a creditor and assist you with recovering your unpaid debts.
Unfortunately, sometimes the first you hear about an unpaid debt is through an Insolvency Practitioner appointed over the customer in question. Whilst disappointing it is often tempting to walk away from the situation and write the debt off, however in certain situations you may be able to positively influence the outcome. Communications from Insolvency Practitioners can sometimes be confusing to those unfamiliar with insolvency processes and often returns on original debts are missed through lack of understanding and timely action. At Geoffrey Martin & Co we have the necessary expertise to advise you on your rights as a creditor including how you may vote and claim in a particular situation. More importantly we can assist you with any queries you may have in particular with the conduct of the company’s directors and/or that of the appointed Insolvency Practitioner to ensure your best interests are served and that the maximum possible return can be effected.
Should you wish to learn more about how we can help you in either of the above situations please do not hesitate to contact James Sleight. All initial consultations are free of charge.