Michael Chamberlain
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Michael Chamberlain
At Chamberlain & Co, our licensed insolvency practitioners and business recovery specialists are committed to delivering high-quality service and value to clients in all industries. Chamberlain & Co are a national, multi award winning team in turnaround, restructuring and insolvency. Operating to the highest levels of integrity and professionalism, the focus is on solutions to save businesses, jobs and the well being of clients.

The team has extensive experience and expertise gained within the largest global accountancy firms which it delivers efficiently and cost effectively. Nominee and supervisor of individual voluntary arrangements (iva) including interim orders Trustee in bankruptcy, Annulment of bankruptcy, reversal out of bankruptcy into iva, stay of bankruptcy proceedings or advert, personal guarantee advice.
Services
All businesses face challenges on a daily basis, some threaten their survival, it is in these situations that we usually get approached for assistance. The trigger might be the receipt of: a county court judgement ("ccj"); a winding up petition; a statutory demand ("stat demand"); HMRC: Notice of Enforcement / Writ of Control / Control of Goods ( formerly walking possession) agreement.
A Company Voluntary Arrangement ('CVA') is applicable where Directors believe that their Company has a viable business which can return to profitability. A Company can use a CVA to pay an amount to creditors over a period of time and at the end of the CVA any balance outstanding to creditors is written off.
If your company is under pressure from creditors and you are worried that you could be taken to Court then Administration could provide you with protection from such legal actions. Administration is a very powerful process for gaining control quickly and can provide an essential breathing space from creditor actions to allow directors time to act in the best interest of the company and the creditors as a whole.
Liquidations can be used to bring an orderly end to a company's existence, whether the company is solvent or insolvent. Depending on the situation, different liquidation solutions may be appropriate. This is a legal minefield and expert professional guidance is essential for directors to be able to mitigate the risks of personal liabilities and legal offences.
A CVL is the age old insolvency process used to bring the activities of a company to a conclusion. We have extensive experience in its use as a traditional terminal process as well as using it as part of a creative business rescue and turnaround strategy. Most entrepreneurs use this straight forward process at some point to close a situation cost effectively.
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