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Insolvency

If someone who owes you money simply hasn't got the ready funds available for you to recover the debt, we can look into bringing insolvency proceedings against them. This should liquidate the debtor's assets so that all creditors will be able to realise their debt and minimise any losses owed.

We can offer charges on property before insolvency needs to be considered, but if this isn't effective we can take the final step to seek a power of sale or file for the bankruptcy of an individual debtor or the winding-up of a company.

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