Contested Insolvency Solicitors

In today’s economic climate, it is a sad fact that a number of businesses and individuals are struggling to pay their debts as they fall due and may well be insolvent.

Litigation Services
Contested Solvency

In today’s economic climate, it is a sad fact that a number of businesses and individuals are struggling to pay their debts as they fall due and may well be insolvent. Insolvency proceedings are an extremely aggressive and serious action. However, it is not always appropriate for insolvency proceedings to be threatened or commenced.

We act for both creditors and debtors in relation to contested insolvency matters, including statutory demands bankruptcy petitions and winding up petitions.

The threshold for commencing a Creditors Petition against a company is only £750. This means that many unpaid invoices and outstanding sums can be pursued through the insolvency process. They should not be commenced lightly. If a Judge dismisses them, for example because he is satisfied the debt claimed is disputed he may well order that the party pursuing the proceedings pay the other parties legal costs.

Given the relatively low threshold of £750, many businesses are using statutory demands and petitions as a way to recover their debts. Knowing when to use them is key

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    Meet the team

    Paul Hatton - Head of department

    Paul takes pride in being a “problem solver” for his clients. In commercial litigation and employment matters he advises clients on a broad range of disputes and problems in the civil courts, striving to nip problems in the bud and minimise the impact on you or your business. Paul studied law at the University of Liverpool and qualified in 2005. He joined Dootsons in 2013, after working for law firms in Bolton and Altrincham, and became a Partner at Dootsons in May 2016. Paul is also an LSM accredited mediator.