Insolvency

Insolvency

At Franklins Solicitors, our specialist insolvency team provides clear, practical advice for businesses, directors, shareholders, and creditors facing financial challenges. From restructuring and administration to debt recovery and refinancing, we guide you through complex situations with solutions that protect your interests and help secure the best possible outcome.

At Franklins Solicitors, our specialist insolvency team provides clear, practical advice for businesses, directors, shareholders, and creditors facing financial challenges. From restructuring and administration to debt recovery and refinancing, we guide you through complex situations with solutions that protect your interests and help secure the best possible outcome.

Law for life

Insolvency Solicitors in Milton Keynes & Northampton

Financial distress is difficult for any business. With the right legal support, it is possible to stabilise, restructure, or recover value while reducing risk and protecting stakeholders. Our team offers strategic, commercially minded advice to help you navigate insolvency law with confidence.

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

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.

Speak to our Insolvency Team

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

Law for life

Insolvency FAQs

What is company restructuring?2025-09-04T13:24:00+01:00

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

When should a business consider refinancing?2025-09-04T13:24:19+01:00

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

Are directors personally liable during restructuring?2025-09-04T13:24:39+01:00

Directors must comply with insolvency law to avoid personal liability.

How long does administration typically last?2025-09-04T13:51:09+01:00

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.

Can I buy a business that is in administration?2025-09-04T13:50:52+01:00

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.

What rights do creditors have in administration?2025-09-04T13:50:35+01:00

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.

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