Negotiation of Debt Reduction in relation to insolvency processes
Preliminary note by Lawrence Rodkin, Partner, Simons Rodkin Litigation Solicitors, Bloomsbury London W1 and Finchley London N12
These notes set out some issues in relation to debt reduction in relation to insolvency.
Debt Negotiation and Insolvency Processes
This can be a very important task.
This would involve negotiating debt reduction with creditors.
Negotiation of Debt Reduction in relation to insolvency
Typically debts can be reduced by negotiations.
This will be very useful in the context of individual involuntary arrangement or where bankruptcy is being annulled (rescinded) or in relation to a company; where a corporate involuntary arrangement is being considered.
Please do not hesitate to contact us if you wish our help in this area.
These are bullet point’s notes only. Please do not hesitate to contact my firm for further detailed advice.