
With the right advice, insolvency matters needn’t strike the fear that this emotive subject often does.
We work closely with all types of business, banks and lenders, as well as insolvency practitioners, to ensure you can take advantage of insolvency legislation designed to provide the tools to rescue companies experiencing financial problems.
In simple terms, you are ‘insolvent’ when you are unable to pay your debts when they become due, or the value of your assets is less than your total liabilities.
Insolvency can happen for numerous reasons but whatever your situation, seeking advice from Charles & Co at an early stage is vital. We can help you to minimise your personal exposure whether you are a sole trader or company director. Remember, the longer you continue failing to address your company’s unsustainable trading situation, the more severe the impact on you personally, should insolvency result.
We will help you to resolve insolvency disputes as quickly as possible, often combining our insolvency law expertise with our other legal specialisms, such as corporate and commercial law and property law.
We can advise on a wide range of solutions including:
- Individual voluntary arrangements (IVAs)
- Fast -track voluntary arrangement (FTVA)
- Company voluntary arrangements (CVAs)
- Bankruptcy
- Restructuring
- Receivership
- Administration
- Liquidation
Plus further important considerations such as debt restructuring, the impact of insolvency on property and the transfer of undertakings (Protection of Employment Regulations 1981) - “TUPE
Our Insolvency Law Specialist Solicitor

Jagdip Chahal
Director/Solicitor
E: jc@charlesandco.net
T: 0121 236 1985