New insolvency law to help businesses survive in face of ‘aggressive debt recovery’ during pandemic

Businesses struggling to stay afloat through the Covid-19 crisis could be saved by the introduction of a new Corporate Governance and Insolvency Bill giving companies time to restructure, refinance and keep trading when they might otherwise go out of business because of debts caused by the coronavirus pandemic. Under the rules, wrongful trading provisions will be temporarily suspended; meaning directors…

debt recovery solicitor

Customers who do not pay on time reduce your profits and can put your business at risk.

Chasing these debts can be highly time consuming and frustrating, taking you away from the vital job of running your business. However, with the right legal support, it is often possible to recover business debts quickly and cost-effectively, unlocking vital funds for your business, while saving you a lot of time and stress. Our Debt…