Advice for Creditors
Many people wonder whether they will be paid in an insolvency case. What control is there? What can you do to avoid being brought down by someone else? At Stephens Scown, we understand your concerns, and our experienced team have recently advised on:
- Selecting and carrying out the recovery procedure or process most likely to maximise returns for you
- Claims against the personal assets of company directors
- How to use retention of title, security and guarantees to boost your position and how to avoid the pitfalls
- Practical steps on credit control and how to minimise your risk
We will also advise you on:
- Danger signs to look for in a customer or client
- Practical steps to take when a customer is a cause for concern
- Creditors’ committees and how to have a voice in insolvency
- Creditors’ meetings and voting
- Claims for repayment by a trustee in bankruptcy, liquidator or administrator
Stephens Scown LLP’s ‘experienced team’ successfully settled proceedings against a high street bank in a £1m breach of trust claim.
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