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    4. Bankruptcy and insolvency

    Bankruptcy and insolvency

    If your business is struggling to meet its financial obligations, things can quickly spiral out of control. That’s why it’s important to take action as soon as possible. We help businesses who are facing bankruptcy or insolvency and our expert legal advisors can help you regain control of your situation and explain what options are available.

    During difficult financial times, QualitySolicitors Parkinson Wright with offices in Worcester, Droitwich and Evesham is here to provide you with expert guidance and advice. We can help you put a business recovery strategy in place and assist in dealing with debt. By taking a proactive approach, it may be possible to find workable alternatives to bankruptcy.

    If your creditors have threatened to start insolvency proceedings against your business, it’s particularly important to act quickly. Our solicitors have helped many businesses in similar positions and can provide the practical help and support you need. We can also work closely with your accountants and other partners, to find the best solutions for your business.

    With our free initial assessment and same day response promises, you can easily find out what your options are before planning the best course of action. So whatever situation you are facing, contact us on 01905 721600 and together we can help you plan for the future.

    Team members

    Frances Woods
    Partner, Head of Litigation
    Worcester
    Contact
    Mark Blake
    Partner, Litigation
    Worcester
    Contact
    Claire Simon
    Solicitor, Personal Injury & Litigation
    Worcester
    Contact
    Sarah Grantham
    Trainee Legal Executive
    Worcester
    Contact

    Expert legal advice you can rely on:


    Business Services

    We give professional, expert and cost effective advice. QualitySolicitors Parkinson Wright with offices in Worcester, Droitwich, Evesham and St Johns will achieve the best possible result for you and your business.

    We stand alone in our approach to achieving value for money with a first class service.

    Bankruptcy and insolvency

    If your business is struggling to meet its financial obligations, things can quickly spiral out of control. That’s why it’s important to take action as soon as possible. We help businesses who are facing bankruptcy or insolvency and our expert legal advisors can help you regain control of your situation and explain what options are available.

    Business debts

    When you are owed money by customers, it can cause problems for your business. For many business owners, getting customers to pay on time is an ongoing battle.

    GDPR

    Most organisations collect and store personal data belonging to customers, employees, suppliers and others. Parkinson Wright dedicated GDPR solicitors can help make sure your organisation robustly protects personal data and complies with the law.

    Landlords

    Many businesses operate from premises owned by a landlord. Relationships between commercial landlords and business tenants are usually positive but disagreements can sometimes arise - causing problems for either party. Whether you are a business owner experiencing problems with your landlord or you are a landlord having difficulties with a tenant we can help you to get the relationship back on track.

    Share option agreements

    Share option agreements can incentivise employees because they are a tax-efficient way to save money. Our share option agreement solicitors can draft an agreement tailored to your business or review your existing scheme to see if it could be improved.

    Shareholder agreements

    A shareholders' agreement sets out shareholders' rights and responsibilities, which reduces the likelihood of disputes arising later. Our solicitors specialise in drafting and reviewing shareholders' agreements. We can make sure an agreement is tailored to your particular company and offers robust protection for your business.

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    Why QualitySolicitors?

    QualitySolicitors is the largest network of law firms in the UK, with local law firms spanning the whole of England and Wales and customer service at the heart of everything we do.

    We are dedicated to providing the highest quality legal advice and expertise for our clients, but in a way that’s far friendlier, more accessible and clear-talking than you might expect from a law firm.