Comprehensive Insolvency and Recovery Services
Every situation is different. That’s why we offer the full spectrum of insolvency and corporate recovery services, guiding you through each step with straightforward, jargon-free support.
Below are some of the ways we can help:
Administration
If your company has the potential to recover, Administration can offer breathing space from creditor action. This legal process protects your business while we work with you to restructure, secure investment, or achieve the best possible outcome for all stakeholders.
Company Voluntary Arrangement (CVA)
A Company Voluntary Arrangement enables you to negotiate affordable repayment terms with creditors while continuing to trade. This can be an effective route to stabilise cash flow and preserve jobs.
Creditors’ Voluntary Liquidation (CVL)
When recovery is no longer viable, a Creditors’ Voluntary Liquidation allows directors to close an insolvent company in a controlled and legally compliant way. We manage the entire process sensitively, ensuring obligations are handled correctly.
Compulsory Liquidation
If a winding-up petition has already been issued, Compulsory Liquidation may be unavoidable. Our team will guide you through this court-led process, explaining your duties and protecting your interests wherever possible.
Members’ Voluntary Liquidation (MVL)
For solvent companies wishing to close in a tax-efficient manner, a Members’ Voluntary Liquidation can help release funds to shareholders. We ensure the process is swift, compliant, and cost-effective.
Administrative Receivership
When a secured creditor appoints a receiver to realise company assets, Administrative Receivership comes into play. We can help you understand your position, communicate with stakeholders, and navigate the implications.
Individual Voluntary Arrangement (IVA)
If personal debts are unmanageable, an Individual Voluntary Arrangement provides an alternative to bankruptcy. With an IVA, you can agree to repay part of what you owe over time, without losing control of your assets.
Bankruptcy Advice
Sometimes, Bankruptcy is the most realistic path to a fresh start. We explain the consequences in plain English so you can make an informed decision and move forward confidently.
Why Choose Bennett Verby?
- Regional Expertise — We’ve supported businesses and individuals across the North West for decades. From manufacturing and retail to professional services, we understand the challenges of your sector and local economy.
- Qualified and Regulated — Our insolvency practitioners are fully licensed by the Insolvency Practitioners Association. You can trust that your case will be handled professionally and ethically.
- Clear, Personal Support — Financial distress can feel isolating. We take time to listen and explain your options clearly, without judgment or jargon.
- Tailored Solutions — No two situations are the same. Whether you’re seeking rescue, restructuring, or closure, we develop a strategy that aligns with your goals.
- Confidential Advice — All conversations are strictly confidential. We act solely in your best interests to help you achieve the best possible outcome.
Act Early to Protect Your Options
If you’re worried about mounting debts, creditor pressure, or cash flow issues, it’s important to seek professional advice as early as possible. Taking prompt action can often preserve more options for recovery or allow a more orderly wind-down.
Our no-obligation consultations are designed to give you clarity and confidence before you commit to any course of action. Get in touch today to begin.
Call us on 0161 476 9000
Email insolvency@bvllp.com
