Insolvency

Insolvency

Insolvency law specialists providing clear, practical advice and support to businesses, directors, creditors and Insolvency Practitioners.

Insolvency law specialists providing clear, practical advice and support to businesses, directors, creditors and Insolvency Practitioners.

Law for life

Insolvency Solicitors in Milton Keynes & Northampton

Our insolvency team advises on a wide range of corporate and personal insolvency matters. We support businesses, directors and creditors facing financial or operational challenges and we also work closely with Insolvency Practitioners, providing legal support across insolvency appointments from pre-appointment advice through to conclusion.

We take a practical and commercially focused approach, tailoring our advice to the needs of each client and the demands of the situation.

Practical Solutions

Tailored strategies to protect business continuity and stakeholder interests.

Strong Representation

Skilled negotiators and litigators acting for you in negotiations or court.

Commercial Awareness

Advice aligned with your financial and operational objectives.

Accredited Expertise

Lexcel and ISO 9001 accredited, reflecting our commitment to quality.

Insolvency

For businesses and directors

We advise businesses and directors at all stages of financial difficulty, from early intervention and restructuring through to formal insolvency procedures. Our aim is to help clients understand their options, manage risk and make informed decisions at what can be a challenging time.

Insolvency

For Insolvency Practitioners

We act on instruction from Insolvency Practitioners, providing responsive and reliable legal support across a range of insolvency appointments. Our team understands the commercial and regulatory pressures office-holders face and delivers clear advice to support effective decision-making.

Insolvency

When should you seek legal advice?

It is best to seek advice as soon as financial pressures arise. Early intervention can improve refinancing prospects, strengthen your position in negotiations and help directors avoid personal liability. Whether you are managing cashflow problems, negotiating with creditors, or facing formal insolvency proceedings, timely support is crucial.

Insolvency

Legal support for Insolvency Practitioners

We provide practical legal support to Insolvency Practitioners acting across corporate and personal insolvency appointments. Our role is to support office-holders in carrying out their duties efficiently and confidently, whether pre-appointment or during the life of an insolvency.

We regularly advise on directors’ duties and conduct, antecedent transactions including preferences and transactions at an undervalue, asset recovery and realisation, and insolvency-related disputes and litigation.

Our focus is on timely, proportionate advice that supports Insolvency Practitioners in achieving the best outcome for creditors while managing risk.

Speak to our Insolvency Team

If your business is facing financial challenges, or you need advice as a director, shareholder, creditor or Insolvency Practitioner, our insolvency solicitors are here to help.

Law for life

Insolvency FAQs

Reorganising a business’s operations, finances, or ownership to improve efficiency and stability.

When current finance arrangements are unsustainable, or new funding is required for operational continuity.

Directors must comply with insolvency law to avoid personal liability.

At Franklins Solicitors, we explain that the duration of administration varies depending on the company’s size, complexity and the chosen resolution strategy. Most administrations last between a few months and a year, though some complex cases may take longer.

At Franklins Solicitors, we provide advice for purchasing assets or an entire business from an administrator. We assist with due diligence, negotiations and drafting contracts to ensure a safe and compliant transaction.

At Franklins Solicitors, we guide creditors on their legal rights, including the ability to submit claims, vote on company decisions and receive distributions from any asset sales. We ensure creditors understand their options and are properly represented throughout the process.

Insolvency

Why Choose Franklins Solicitors for
Insolvency?

Specialist Knowledge

Decades of experience across restructuring, administration and recovery matters.

Business & Director Focus

Advice tailored to both companies and individuals managing financial risk.

Accredited & Trusted

Lexcel and ISO 9001 accredited, trusted by businesses across the Midlands and beyond.

Full-Service Support

From refinancing and restructuring to debt recovery and tribunal representation.

Insolvency

Why Choose Franklins Solicitors for
Insolvency?

Specialist Knowledge

Decades of experience across restructuring, administration and recovery matters.

Business & Director Focus

Advice tailored to both companies and individuals managing financial risk.

Accredited & Trusted

Lexcel and ISO 9001 accredited, trusted by businesses across the Midlands and beyond.

Full-Service Support

From refinancing and restructuring to debt recovery and tribunal representation.

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