Negotiating your way through legal processes can seem quite a daunting task, especially when it comes to financial matters. However, don't worry, help is at hand - Maidment Judd Insolvency Limited can provide friendly specialist advice for both companies and individuals on strategies relating to the survival of a business or if there is no alternative, the liquidation of a company.
With almost 100 years experience, Maidment Judd can guide you through the legal maze with a friendly and approachable team of dedicated professionals. We will provide you or your client with a free initial consultation, whereby we can review your individual requirements and provide a service tailored specifically to you or your clients' needs.
With almost 100 years experience, Maidment Judd can guide you through the legal maze with a friendly and approachable team of dedicated professionals. We will provide you or your client with a free initial consultation, whereby we can review your individual requirements and provide a service tailored specifically to you or your clients' needs.
Services
Maidment Judd Insolvency Limited is a company specialising in corporate turnaround and insolvency solutions based in St Albans, Hertfordshire. We have been established in Hertfordshire for almost 100 years. Our client base extends throughout Hertfordshire, Bedfordshire, London, the south east of England and beyond, serving mainly small to medium sized businesses, be they limited companies sole traders or individuals.
Our main aim at Maidment Judd is putting our clients' priorities first. With our dedicated team of qualified professionals, we feel confident we can meet the individual needs of all our clients to a very high standard. Help is always at hand. Hayley was elected as a Member of the Insolvency Practitioners Association Council and Board of Directors at the 2019 AGM.
We can assist with a variety of options to help you through the problems you may be facing. Formal procedures to come to a deal with creditors. These are very flexible deals which we can tailor to suit your specific individual needs. They can for example be based on making a repayment from income over a period of time to allowing you time to remortgage or sell a property.
Bankruptcy is a way of distributing a person's assets among his creditors. The term of bankruptcy was formally 3 years, however the Enterprise Act 2002 reduced this period to automatic discharge after 12 months. At the Official Receiver's discretion, this period can be shortened to as little as 6 months, if the bankrupt is co-operative.
An administration is an application to the court to put an Insolvency Practitioner (IP) in place to administer the affairs of a company, normally for a relatively short period of time up to a maximum of 12 months, although this period can be extend by application to the court by the administrator. Achieving a better result for the company's creditors as a whole than would be likely if the company were wound up.
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