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Insolvency Solicitors, Scotland

It is a simple fact of life that many of us encounter debt and insolvency issues at some point. We offer an initial consultation with one of our insolvency solicitors in Glasgow to help you understand how we can assist you.

Our sympathetic insolvency lawyers understand the stress and anxiety you are feeling and are here to support you.

Our experienced team has helped with insolvency, sequestration and debt restructuring throughout Scotland for over ten years, and can help you resolve these issues by providing expert advice on legal matters related to insolvency.

If you are being hounded for money, a director of a business on the brink of insolvency or facing disqualification from your company directorship role, our experienced team of insolvency claims lawyers can help you.

If you are the creditor, trustee or debtor, Jones Whyte are able to help you through each stage of the insolvency process.

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Our insolvency lawyers in Scotland will be on hand to support you throughout the insolvency process. Getting good advice early can provide quick, decisive, and effective solutions for businesses, lenders, creditors, directors, and individuals.

There may be fees involved in declaring yourself insolvent, but we will discuss these with you. In most cases, we operate on a fixed rate. If this is not possible, we will give you an estimate.

Commercial advice can help businesses avoid or navigate insolvency by offering clear, expert guidance on the least disruptive and most cost-effective course of action. Insolvency cases can move at great speed and we always advise that you have caveats in place for protection against proactive creditors who are looking to take interim action.

Types of Insolvency

In Scottish law, there are two types of insolvency. These are:

Sequestration.
This is if you can’t pay back your debts within a realistic timeframe. It allows you to write off debts, but you may need to sell valuable assets to cover some of the debt.

Protected Trust Deed Under Bankruptcy.
This is a repayment scheme that lasts 4 years or over and one pays back as much as they can in monthly instalments.

Meet the experts

At Jones Whyte we have a dedicated team with vast experience in providing civil legal advice.

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Deborah Carmichael Partner & Solicitor Advocate

Matthew Currie Associate

Marc Onorati Associate

Other Disputes

Our insolvency lawyers are part of the disputes team and have years of experience in many disputes. These include:

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Get in contact with our experienced legal professionals today for support with your case.

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Insolvent companies must follow specific rules, such as dealing with creditor claims and the potential rescue of the company.

We will work to help you resolve any type of dispute. Contact Jones Whyte today.