• Link to LinkedIn
  • Link to Facebook
  • Link to Mail
Central London 020 7112 8841 | Finchley 020 8446 6223 | Hatfield 01707 830 244
Simons Rodkin Solicitors LLP
  • Home
  • Legal Services
    • Bankruptcy Solicitors
      • Bankruptcy Annulment
    • Building and Construction Disputes
    • Business Leases and Commercial Property Law
    • Business Services
    • Civil Litigation
    • Company Commercial Law
    • Conveyancing
    • Court Representation
    • Co-ownership and Cohabitation Disputes
    • Debt Collection and Contractual Disputes
    • Employment and Discrimination Law
    • Employment Law Settlement Agreements
    • Entertainment and Music Lawyers
      • Simons Rodkin Music Solicitors
    • Family Law
      • Divorce Lawyers
    • Houses in Multiple Occupation (HMO)
    • Immigration Appeals
    • Immigration Solicitors
    • Insolvency Solicitors
      • The Defence of Insolvency Based Claims
    • Landlord and Tenant
    • Nationality and Ancestry Applications
    • Neighbour and Boundary Dispute Solicitors
    • Personal Injury Lawyers
    • Personal Insolvency Solicitors
    • Powers of Attorney
    • Professional Negligence
    • Property Law
    • Property Litigation
    • Remortgages and Personal Guarantees
    • Residential Landlord and Tenant Solicitors
    • Statutory Demand Solicitors
    • Wills, Probate, Trusts
  • Team
    • Simon Aaron
    • Michael Abraham
    • Simon Cooper
    • Mark Feldmann
    • Julian Cohen
    • Munira Javed Abib
    • Georgina Tsagas
    • Jagdeep Kaur Deo
    • Kevin Harris
    • David A. Nash
  • Fee Structure
  • Articles
  • Areas
  • Testimonials
  • Contact
    • Finchley Office
    • Bloomsbury Office
    • Hatfield Office
  • Menu Menu

Personal Insolvency Solicitors in London and Hertfordshire

We are experienced in assisting our clients with issues in relation to personal insolvency and bankruptcy.

Our office in Central London, 32 Bloomsbury Street, WC1B 3QJ is conveniently located close to Tottenham Court Road underground station and the British Museum. We also have offices in Finchley, Northwest London and Hatfield, Hertfordshire.

If the matter is urgent, we will endeavour to see you on the same day and if necessary, we can arrange representation for a hearing on relatively short notice.

We are a very approachable firm. Please telephone us for an initial telephone consultation which is usually about five to 10 minutes. We also can arrange an initial fixed fee meeting.

Personal Insolvency Solicitors in Central London Image

Personal Insolvency Solicitors in Bloomsbury, Finchley and Hatfield

We can assist clients in the following areas:

  1. Petitioning for your own bankruptcy
    This is now conducted online. We provide detailed advice, including what to do in relation to bank accounts, payments of salaries etc.

    Subsequent to the making of a bankruptcy order, any monies in your bank accounts will be frozen, and it is therefore necessary to apply for a new bank account to be opened. This is particularly important if you receive monthly salary payments into your bank account which you rely upon for your living expenses. Not all banks will agree to open an account for an undischarged bankrupt.

    In difficult cases we are happy to accompany clients to meetings with the official receiver in order to protect their interests at the meeting.

  2. After acquired property rules
    Under the rules, the trustee in bankruptcy can apply to obtain any gifts or assets acquired by the bankrupt prior to his discharge. For instance, if a bankrupt is due to receive a large inheritance, we would advise you on this issue.
  3. Bankruptcy restrictions
    An undischarged bankrupt is subject to a number of restrictions. We run through with our clients the restrictions that are applicable until discharge, normally a year after the making of the bankruptcy order.
  4. Income payment order applications
    A trustee in bankruptcy can apply to receive payments of a specified amount from the income of a bankrupt every month, for up to three years. We can assist in defending such applications.
  5. Defence of statutory demand/bankruptcy petitions
    This is a key area of the work we undertake. We often defend claims by HMRC and Local Authorities (for both council tax and business rates). In appropriate circumstances, we can introduce a broker to endeavour to obtain insolvency finance.

    We also defend statutory demands/petitions where there is a defence to the monetary claims being raised. In appropriate circumstances, in the statutory demands/petition stage we are able to apply to set aside relevant judgments/liability orders upon which the statutory demand/petition is based.

    Once a bankruptcy order is made, it is still possible to make such applications but with the consent/cooperation of the trustee in bankruptcy.

  6. Applying to annul/rescind bankruptcy orders
    This is a common endeavour which we undertake, normally on the basis of payment of the debts and expenses of the bankruptcy in full and also with the assistance of insolvency/annulment finance being raised for this purpose. It is also possible to apply to set aside a bankruptcy order upon the grounds that it ought not to have been made.
  7. Family Home – Defending claims raised by a trustee in bankruptcy
    We also undertake work in relation to the defence of the family home where a trustee seeks a possession order. The usual position is either to endeavour to annul the bankruptcy or to buy out the interest in the property of the trustee – whichever involves the lower amount of money.

    We also raise on behalf of spouses/partners claims to an enhanced share of the property based upon equitable accounting for instance if the spouse/partner has been the sole payer of the mortgage or paid for improvements or an extension to the property.

  8. Defence of monetary and other claims by a trustee in bankruptcy
    This includes transactions where it is alleged that they were sold at an undervalue and alleged preferences. An important consideration is that the trustee well only issue proceedings if they can secure adverse costs insurance for which they would usually need a favourable opinion from their own counsel.
  9. Defence of applications for bankruptcy restriction orders
    This is an application to extend the period for bankruptcy restrictions subsequent to the discharge of the bankrupt. In certain cases, it is possible to endeavour to negotiate with the Treasury Solicitor who would be representing the insolvency service.
  10. Debt collection through insolvency process
    We are experienced in undertaking debt collection through this method. This should only be carried out where there is no bona fide dispute to the monies being claimed.

    Usually we send a pre-action protocol letter to the debtor in order to flush out any defences. However, if the debt is over the bankruptcy limit, currently £5,000, then it is possible to use this process very effectively in relation to collecting monies owed. The debtor will have a choice of either coming to a deal agreeing to pay in full or by instalments and/or with security or alternatively going bankrupt.

    We have found that debtors are usually prepared to raise money to avoid going bankrupt.

    Please call 0208 446 6223 for an initial telephone call and to arrange a meeting. If your matter is urgent, we can try and see you on the same day. Alternatively, please email Michael Abraham, our specialist bankruptcy partner, directly with your enquiry.

Contact Simons Rodkin Solicitors LLP

Contact Us

Finchley Office

212 Regents Park Road Finchley
London N3 3HP
Tel: 020 8446 6223
Email: enquiries@sr-law.co.uk

Bloomsbury Office

32 Bloomsbury Street
London WC1B 3QJ
Tel: 020 7112 8841
Email: enquiries@sr-law.co.uk

Hatfield Office

82 Great North Road
Hatfield AL9 5BL
Tel: 01707 830 244
Email: enquiries@sr-law.co.uk

© Copyright 2024 - Simons Rodkin Solicitors LLP | Cookie Policy | Privacy Notice | Complaints Procedure | Site Map
Scroll to top Scroll to top Scroll to top
error: Content is protected !!

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

Simons Rodkin Solicitors LLP Logo
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

You can adjust all of your cookie settings by navigating the tabs on the left-hand side.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.

Please enable Strictly Necessary Cookies first so that we can save your preferences!

Cookie Policy

More information about our Cookie Policy