It's our business to
get you out of the red

Welcome to Temple Chambers Law

We are fully committed to finding the best way forward for your business, using the benefits of turnaround where possible. Naturally, turnaround is not possible in every case and only then will we explore a formal insolvency process through a fully licensed insolvency practitioner.

We have experience in dealing with a wide range of company sectors including:

By contacting Temple Chambers Law you can be assured that you are talking to a company that will always act in your best interests and a company that is committed to putting your needs first.

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Years of experience

We are fully committed to finding the best way forward for your business, using the benefits of turnaround where possible. Naturally, turnaround is not possible in every case and only then will we explore a formal insolvency process through a fully licensed insolvency practitioner.

No matter what you are facing, we approach each case with the objective of providing a professional, personal and compassionate service. We never forget that we are dealing with real people in real situations.

Visit our FAQ's page

Liquidation of your company will not affect your personal wealth or assets that you and your family own. Unless you gave any form of security or personal guarantees.

Where a company cannot meet its debts as and when they fall due it is regarded as insolvent. The directors need to take action. It may be possible to re-finance the company or put forward an informal or formal arrangement to its creditors. If, however, none of these are feasible, then the directors must take steps to cease trading and stop incurring any further credit. All directors have an obligation to make sure that the position does not deteriorate further. Once a Company is insolvent, the directors’ primary duty is to protect the interest of creditors – not the directors or shareholders.

It is a common misconception that company directors have no right to redundancy. Just like any other employee, a company director of an insolvent company, may be eligible to claim for the full cost of a liquidation procedure. Our dedicated strategic partners can quickly asses a director’s entitlement to redundancy and other statutory payments to maximise a redundancy pay-out. Another option is, depending on the type of insolvency, the costs of the procedure could be borne through the sale of the company assets or the recovery of outstanding debtors. However, if the assets do not cover the costs of the insolvency the directors will need to pay the fees.

What Our Clients Have to Say

We listen to different stories every day. Now, we give you an insight into what our clients want to say to you about us. Please read some of the feedback we have received from a small selection of our clients.

My businesses and personal financial affairs were in a mess. I was facing certain bankruptcy with petitions to defend. Temple Chambers Law protected me from those hearings took the company issues away and saved me by structuring me in an IVA. I saved my house and now looking forward to a brighter future with a new venture [10/10]
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Mr Patel
Director of Energy Broker Company
We have referred distressed busines clients for the last 5 years whom have been issued with winding up/ bankruptcy petitions. We always get a glowing reference on Temple Chambers Law's performance and how they tackled the actions from an insolvency and company rescue perspective. Well done keep up the good work.
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Nigel
Debt Resolution Expert, Chester
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