We helped an estate agent in the winding up of a company that had been a vehicle to buy and sell a property. The company did not pay the estate agent its commission. Following the winding up petition an insolvency practitioner noted that the company had been trading wrongfully and/or fraudulently. A claim was bought against the directors who settled the claim providing for a dividend to be paid to the estate agent and full recovery of the estate agent’s legal costs.
Post bankruptcy and winding up
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Tree planting in the UK
To support our environment and help achieve our sustainability goals, we will plant a tree in the UK every time we receive a client survey. Clients are the centre of everything we do, so it is a perfect way to thank them as well as listen to their feedback to keep improving.
You can track our tree planting progress with our partner Ecologi by visiting our forest below.
When debts become overdue, chasing for payment can become time consuming and an unwelcome distraction from the daily running of a business. Claiming interest and compensation is a useful way of helping to deter future late payments whilst compensating businesses for their inconvenience.
Interest
As part of a businesses terms and conditions/contract there ma...
We are already whizzing through 2024 and it has been a troublesome few years for many following the Covid 19 pandemic coupled with the cost of living crisis and rise in debts.
2023 was a tough year for most of us and for many, the struggles continue.
Working in debt recovery brings to light the amount of businesses failing to engage with other businesses they owe money to...