Get called by a solicitor
14

Solicitors Business Bankruptcy

Business bankruptcy in the UK refers to the formal process faced by unincorporated businesses—such as sole traders and partnerships—when they are unable to meet their financial obligations. Although “bankruptcy” is more commonly associated with individuals, in a business context it highlights situations where owners may be personally liable for debts. This process provides a structured route to liquidate assets, settle creditor claims, and potentially offer a fresh financial start.

  • Financial distress: Recognising when a sole trader or partnership can no longer pay its debts as they fall due.
  • Liquidation process: In some cases, winding up the business by selling assets to satisfy creditors.
  • Creditors’ claims: Managing demands from lenders and negotiating settlements or repayments.
  • Personal liability: In unincorporated businesses, owners may be personally liable for debts, making bankruptcy a critical personal matter.
  • Alternative arrangements: Exploring restructuring or informal agreements to avoid formal bankruptcy proceedings.

A specialist business bankruptcy solicitor can:

  • Assess your financial position: Evaluating assets, liabilities, and cash flow to decide if bankruptcy is the best course.
  • Advise on alternatives: Exploring restructuring options or negotiating with creditors to minimise personal liability.
  • Prepare and file documentation: Managing all legal paperwork for bankruptcy or related insolvency proceedings.
  • Represent you in negotiations: Liaising with creditors and, if necessary, representing you in court.

Costs depend on your case’s complexity and the solicitor’s experience. Hourly rates typically range from £150 to £400, with fixed-fee options available for straightforward cases. An initial consultation—often free or discounted—will help you explore your options and estimate fees.

Sarah Porter

Cardiff CF24 5PJ

Sarah Porter  Cardiff

Business Bankruptcy Solicitor Cardiff

18 years of experience

From 150 £ and 220 £

Accepts legal aid in Business Bankruptcy

At a glance : Sarah Porter is a highly skilled solicitor based in Cardiff, with 17 years of experience in litigation, dispute resolution, mediation, consumer rights, and commercial and business law. She specializes in civil litigation, landlord and tenant disputes, corporate law, debt recovery, and professional negligence. Additionally, ...

Asif Khan

London W10 5AD

Asif Khan  London

Business Bankruptcy Solicitor London

11 years of experience

From 145 £ and 145 £

Does not accept legal aid

At a glance : Before joining Lawbite, Asif worked in private practice with a silver circle international firm and in-house with FCA regulated investment and asset management firms. Having worked in-house and started a business of his own, Asif understands the cost pressures entrepreneurs face. He enjoys providing clients with cost-effect...

Dean Smith

Cardiff CF24 5PJ

Dean Smith  Cardiff

Business Bankruptcy Solicitor Cardiff

12 years of experience

From 192 £ and 192 £

Accepts legal aid in Business Bankruptcy

At a glance : Dean Smith is a highly skilled solicitor based in Cardiff with 11 years of experience, specialising in criminal law, employment law, litigation, dispute resolution, conveyancing, consumer rights, and commercial law. His diverse legal practice encompasses complex matters such as workplace disputes, redundancy, medical malpra...

Jane Golledge

London EC4V 5EF

Jane Golledge  London

Business Bankruptcy Solicitor London

37 years of experience

Does not accept legal aid

At a glance : With 36 years of experience, Jane Golledge is a highly regarded insolvency law specialist, focusing on personal and corporate recovery. She primarily represents office holders, companies, and individuals facing financial distress, providing expert guidance on business rescue, asset disposals, acquisitions, and insolvency li...

Carla Caroli

London W10 5AD

Carla Caroli  London

Business Bankruptcy Solicitor London

10 years of experience

From 145 £ and 145 £

Does not accept legal aid

At a glance : Joined LawBite in 2017, with over 13 years international experience in advising on commercial and corporate matters in a wide range of sectors. Carla holds a Master’s degree in Commercial Law from the University of Cambridge. In-house and private practice experience in big corporations and law firms like CMS. Solid knowledg...

Tad Ostrowski

Woking GU21 6BD

Tad Ostrowski  Woking

Business Bankruptcy Solicitor Woking

26 years of experience

From 325 £ and 325 £

Does not accept legal aid

At a glance : Tad is the founding director of Artington Legal and is a senior corporate and commercial lawyer, qualified in England and Wales. Formerly an associate at US and UK law firms in the City of London, and a General Counsel at Travelport (NYSE) and an AIM-listed company, he has over 15 years of senior-level experience, including...

Emma Wood-Philips

London W10 5AD

Emma Wood-Philips  London

Business Bankruptcy Solicitor London

12 years of experience

From 145 £ and 145 £

Does not accept legal aid

At a glance : As an experienced commercial solicitor, having previously worked for 9 years at a highly successful FTSE 100 company in London as Senior Corporate Counsel, I joined Lawbite in 2018 for the opportunity to work with a variety of business clients from inception through to growth and expansion. I relocated to the USA 6 years ag...

Dalir Ltd

London W1J 6ER

Dalir Ltd  London

Business Bankruptcy Solicitor London

Does not accept legal aid

At a glance : Dalir Ltd is a boutique law firm based in London, offering specialized legal services to both UK and international clients. The firm focuses on providing tailored legal and commercial solutions across various industries, with a particular expertise in financial technology (fintech). Dalir Ltd handles a wide range of legal m...

Nick Owen

Cardiff CF24 5PJ

Nick Owen  Cardiff

Business Bankruptcy Solicitor Cardiff

35 years of experience

From 150 £ and 217 £

Accepts legal aid in Business Bankruptcy

At a glance : Nick Owen is a seasoned solicitor based in Cardiff with over 34 years of experience in litigation, dispute resolution, and intellectual property law. He does not accept legal aid. Nick has built a distinguished career in civil litigation, covering judicial review, professional negligence, corporate insolvency, and business ...

Qarrar SOMJI

Birmingham B12 0NS

Qarrar SOMJI  Birmingham

Business Bankruptcy Solicitor Birmingham

12 years of experience

From 165 £ and 375 £

Does not accept legal aid

At a glance : Qarrar Somji is a solicitor based in Birmingham, specializing in a wide range of legal areas, including Alternative Dispute Resolution (ADR), Bankruptcy, Civil Litigation, Court Claims, Defamation, Dispute Resolution, Divorce, Employment Law, Family Law, Insolvency, Landlord & Tenant Litigation, Neighbour Disputes, Trib...

Kajal Patel

Harrow HA1 1BQ

Kajal Patel  Harrow

Business Bankruptcy Solicitor Harrow

15 years of experience

From 250 £ and 250 £

Does not accept legal aid

At a glance : Kajal Patel is a highly skilled solicitor with 14 years of experience, specializing in commercial property, corporate, and business transactions. She began her career at a City firm and continued working in the City after qualification. For the past five years, she has been a part of Vyman Solicitors, focusing on commercial...

Irena Dajkovic

London W1J 6ER

Irena Dajkovic  London

Business Bankruptcy Solicitor London

Does not accept legal aid

At a glance : Dr. Irena Dajkovic is the Founding and Managing Partner of DALIR Law Firm, bringing nearly 20 years of experience in private practice and in-house legal roles. Fluent in English and French, she specializes in financial services and commercial law, advising clients on corporate transactions, regulatory compliance, and busine...

John Graham

Cardiff CF24 5PJ

John Graham  Cardiff

Business Bankruptcy Solicitor Cardiff

42 years of experience

From 150 £ and 275 £

Accepts legal aid in Business Bankruptcy

At a glance : John Graham is a highly experienced solicitor and advocate with over 41 years in the legal profession. Specializing in civil and commercial litigation, insolvency, and healthcare regulatory work, John offers expert legal services across a broad range of areas, including criminal law, employment, intellectual property, and f...

Steve Smith

Belfast wc2 b6nh

Steve Smith  Belfast

Business Bankruptcy Solicitor Belfast

Does not accept legal aid

At a glance : Steve Smith, a freelance solicitor in Belfast, specializes in commercial and business law, focusing on business bankruptcy, corporate insolvency, and business disputes. With extensive experience, Steve Smith offers comprehensive legal services in various areas, including: Business Bankruptcy: Advising businesses on bankrupt...

5 Solicitors in Commercial / Business Law (Area of expertise might be Business Bankruptcy)

We recommend contacting one of the solicitors listed below, as their area of practice is relevant to your enquiry.

Charlotte McConnell

Twickenham TW1 4SU

Charlotte McConnell  Twickenham

Commercial / Business Law Solicitor Twickenham

28 years of experience

Does not accept legal aid

At a glance : Charlotte McConnell is a highly experienced solicitor based in Twickenham, specializing in intellectual property and commercial law. Having established McConnell Law in 2007, Charlotte has over 25 years of legal expertise, offering contract and commercial services to a broad spectrum of clients, from small start-ups to larg...

Kashif Majeed

Harrow HA1 1LQ

Kashif Majeed  Harrow

Commercial / Business Law Solicitor Harrow

24 years of experience

Does not accept legal aid

At a glance : Kashif Majeed is an experienced solicitor with over 23 years of expertise in immigration, litigation, and commercial/business law. Fluent in English, Hindi, Punjabi, and Urdu, Kashif offers a multicultural approach to legal services, ensuring his clients' diverse needs are met with the utmost understanding and care. He is a...

Sushil Gaikwad

London SE18 6FH

Sushil Gaikwad  London

Commercial / Business Law Solicitor London

16 years of experience

Does not accept legal aid

At a glance : With 15 years of experience, Sushil Gaikwad specializes in a wide range of legal areas, including employment, family law, commercial law, and financial services. He offers expert legal services in areas such as dispute resolution, immigration, intellectual property, and civil litigation. Areas of Expertise Employment & ...

Jai SINGH

London EC2N 1HN

Jai SINGH  London

Commercial / Business Law Solicitor London

21 years of experience

From 250 £ and 350 £

Does not accept legal aid

At a glance : Jai is a senior legal consultant with the Alston Asquith corporate/commercial team with extensive international and London City work experience. A Cambridge University Law alumnus, Jai has particular expertise in relation to complex transactions, including in the areas of: acquisitions and takeovers, shareholder and joint v...

Reina D'Costa

Harrow HA5 1BN

Reina D'Costa  Harrow

Commercial / Business Law Solicitor Harrow

From 150 £ and 300 £

Does not accept legal aid

At a glance : Reina D’costa, the founder of Bizlaw UK, is a savvy, practical and proactive UK Solicitor (dual qualified in the UK and India). She has many years of legal experience and great testimonials. She has a proven track record with multinationals, and start-ups and achievements across new territories and services. Reina has advis...

content