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Winding-Up Petitions

Is your Company subject to a Winding up Petition? 

Barings Solicitors specialise in providing straightforward and commercial advice in relation to all aspects of debt recovery, including drafting and issuing statutory demands and petitions.

We also give specialist advice to our client in opposing winding up petitions threatened or issued in respect of disputed debts, including the making of injunctive applications to the Court to restrain the issue or advertisement of petitions. Our aim is to minimise the impact on your company and assist you in defending allegations of creditors.

How can we help you?

Winding up petitions are meant to be used to recover debts of £750 or more owed by companies which are genuine and not disputed. If you believe that that you have a genuine defence to your creditors or feel that a petition is being used a debt collection tool we are able to advise you on the best methods to protect your company.

If you feel that you are being treated unfairly or have a genuine defence to the alleged debt do not hesitate to contact us. The practice is unethical and the Courts are quick to punish those creditors that fail to pursue their allegations in the appropriate manner.

A company may be compulsorily winding up by the court, if:-

  • It has resolved by special resolution that is it should be so wound up; or
  • It is unable to pay its debts; or
  • The Court is of the opinion that it is just and equitable that it should be wound up.

We have experience of acting for companies who have been pursued by a wide variety of creditors including those who utilise insolvency proceedings as a cynical debt enforcement tool in particular when your company has a genuine defence to the debt claimed.

To get start with an initial free consultation, get in touch today by calling our team on 0161 200 9960.

Testimonials

Barings Solicitors were outstanding! I have used other solicitors before but no other firm made me feel like they really cared about me as a person. Thank you so much!


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