Insolvency Solicitors in Milton Keynes

When a business is facing insolvency, it can have a serious impact both on the people running and working for the company and others with commercial connections to it. Getting the right legal advice and support during insolvency proceedings can help to save a business or, where this is not possible, ensure the interests of the various concerned parties are correctly balanced.

Our insolvency solicitors in Milton Keynes regularly work with those involved in, or affected by, insolvency issues, including private individuals and various types of businesses. We understand the broad range of insolvency issues and the various possible resolutions and will ensure our advice is specifically tailored to meet your requirements.

We regularly handle both contentious and non-contentious insolvency related matters for professional insolvency practitioners, financial institutions, directors, individuals and creditors (including suppliers and landlords). Whatever your connection to the proceedings, we can ensure that all of your legal responsibilities are correctly taken care of and that your interests are protected.

If you need help with any aspect of insolvency proceedings, our expert insolvency solicitors in Milton Keynes can help. Get in touch by calling 01908 660966 or using our contact form for a prompt response.

Contact Us

Franklins’ insolvency proceedings service in Milton Keynes

We provide expert advice and representation for a variety of legal issues related to insolvency proceedings for businesses undergoing insolvency, anyone affected by a business becoming insolvent and those looking to purchase an insolvent business.

Legal advice for businesses facing insolvency

  • Restructuring and refinancing solutions
  • Drafting and negotiating asset sale or purchase agreements for liquidators, administrators, receivers and management teams
  • Debenture validations.
  • Re-use of company names
  • Fraudulent and wrongful trading issues
  • Director disqualifications

Legal advice for those affected by another business’s insolvency

  • Preparing statutory demands for the payment of a debt
  • Winding-up petitions
  • Bankruptcy petitions in respect of filing for a person’s bankruptcy
  • Asset recovery and retention of title issues

Buying an insolvent business

  • Asset purchases or the purchase of a business when the seller is in administration
  • Purchase of businesses and assets from insolvency practitioners

Why use Franklins’ insolvency lawyers in Milton Keynes?

Franklins Solicitors has been supporting clients with all matters related to insolvency for over 30 years. We employ more than 100 staff spread between our two offices in central Milton Keynes and Northampton, giving us a high degree of expertise in many areas of the law.

We have built a reputation as one of the UK’s most technologically advanced law firms, combining our traditional legal expertise with the latest innovations to deliver a truly modern approach to the law for our clients.

We are accredited to ISO 9001 standard and Lexcel accredited by the Law Society. We are also a recognised Investor in People, meaning our team receives the best possible training and support. As a result, we are able to provide excellence as standard, not as an exception.

Get in touch with our expert insolvency solicitors in Milton Keynes

Need help with insolvency proceedings? Please contact our highly experienced insolvency solicitors in Milton Keynes now by calling 01908 660966 or click on the “next step” button below to request a call back.

Find our Milton Keynes office

From 14th October, our MK office will be moving to: Ashton House, 409 Silbury Boulevard, Milton Keynes, MK9 2AH.

Directions

Franklins Solicitors LLP
Gloucester House
399 Silbury Boulevard
Milton Keynes
Buckinghamshire
MK9 2AH
United Kingdom

Telephone: 01908 660966
Fax: 01908 558000
info@franklins-sols.co.uk

Frequently Asked Questions about Insolvency Services in Milton Keynes

What types of insolvency services does Franklins Solicitors provide?

We offer a comprehensive range of insolvency services, including advice for businesses facing financial distress, representation in insolvency proceedings, restructuring and turnaround strategies, and guidance on voluntary arrangements and liquidations.

    How can Franklins Solicitors assist with insolvency matters?

    Our team provides expert legal advice to help navigate insolvency challenges, aiming to maximise asset recovery and minimise liabilities, while exploring all possible avenues for business recovery or orderly closure.

    What are the costs associated with your insolvency services?

    Costs depend on the complexity and specific requirements of each case. We maintain a transparent fee structure and offer detailed estimates during the initial consultation.

    How long does the insolvency process typically take?

    Timelines vary based on the nature of the insolvency case and whether it involves restructuring or liquidation. We strive to handle cases efficiently while ensuring thorough legal support.

    Do you offer initial consultations for insolvency matters?

    Yes, we provide initial consultations to assess your situation, discuss potential solutions, and outline how we can assist you.

    What documents should I bring to my first meeting about an insolvency issue?

    Please bring financial statements, any relevant contracts, creditor correspondence, and documentation of assets and liabilities.

    Can Franklins Solicitors handle cross-border insolvency cases?

    Yes, we have experience in international insolvency matters and can provide guidance on cross-border legal challenges.

    What if my insolvency issue requires urgent legal attention?

    We understand the urgency of certain insolvency matters and are dedicated to providing prompt and effective legal support to address your needs swiftly.

    Contact the Franklins Solicitors team in Milton Keynes

    If you have any questions about anything legal, please don’t hesitate to contact our team of experts in the Milton Keynes office who are on hand and ready to help you.