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Restructuring and Insolvency

If you need advice or representation on any Corporate Law matter, click below for a free initial consultation with one of our expert Corporate solicitors.

 

What Happens when Filing for Bankruptcy?


Bankruptcy is a formal insolvency procedure for individuals, designed to release an individual from their debts when they can no longer pay them, and allowing creditors to be repaid fairly. If you are considering filing for bankruptcy, click below for a free initial...

Statutory Demand


What is a statutory demand A statutory demand is a formal demand for payment of a debt owed by either a company or an individual (the debtor). Anybody that is owed money (the creditor) can make a statutory demand, so long as the debt is less than six years...

Corporate Insolvency


What is corporate insolvency? Insolvency occurs when an individual or company does not have sufficient assets to cover its debts, or where they are unable to pay their debts as they become due. Corporate insolvency refers to a company becoming insolvent. The procedures...

The information on this website is intended as a guide and does not constitute legal advice. Vardags do not accept liability for any errors in the information on this website, nor any losses stemming from reliance upon the statements made herein. All articles and pages aim to reflect the legal position at time they were published, and may have been rendered obsolete by subsequent developments in the law. Should you require specialist advice, tailored to your situation, please see how Vardags can help you.

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