Personal Insolvency

We appreciate that the process of bankruptcy carries a dramatic and lasting effect. For creditors, it is a very difficult decision to choose to pursue this course of action and, for debtors, to be faced with this position is likely to be financially distastrous. At Myerson, our experienced and professional team are on hand to offer you support every step of the way to provide the best possible advice.

We can also recommend you to independent and experienced licensed insolvency practitioners that we work with to provide you with further advice and help, including on whether to consider alternatives to bankruptcy such as an individual voluntary arrangement (IVA)

Where you have been made bankrupt inadvertently or in error, if appropriate, we can help you apply for a court order to annul your bankruptcy order.

Our team, led by Richard Wolff, with his 25 years of experience in this area, will be able to outline the right course of action for you to take from the outset. We offer a Partner-led service, so you will be sure to work with Senior Lawyers throughout your case.

It is essential, where bankruptcy is involved, to act as quickly as possible to have all your options available to you. We understand that these are not easy conversations to have, and we strive to give clear advice. We will be transparent with our costs and can often offer a range of funding options from the outset.

• We are ranked in the Legal 500 and Chambers and Partners for our legal expertise.
• Richard Wolff, our Head of Insolvency, has been recognised as a leading partner by the Legal 500, recognising the strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
• We are members of R3, the Association of Business Recovery Professionals.
• You will receive city-quality advice at regional prices.
• Price transparency – we provide our clients with a cost estimate at the outset of any engagement with ongoing cost updates throughout the matter.
• Our Partner-led service ensures that you receive the very best legal advice and commercially focussed support.
• Our insolvency and restructuring team has in depth experience across a diverse variety of sectors, focused on achieving your objectives and meeting your deadlines.
• We are a full-service law firm operating from a single-site office, which means our teams communicate effectively and efficiently and our insolvency and restructuring lawyers can draw on support when required from other specialist lawyers such as those in our corporate, property and dispute resolution teams.
• Our insolvency and restructuring solicitors use the latest technology to ensure that we are working as efficiently as possible and that geographical distance does not prevent us from providing you with excellent client service.
• Our fast response times enable us to deal with time-sensitive enforcement scenarios. 
• We have excellent working relationships with many national, regional and local independent insolvency practitioners who can be called upon to provide their advice and input as and when required. 
• Check out the Myerson Promise for more information on the benefits of working with us.