Corporate Insolvency Practitioners – Manchester & North West
Mercury Corporate Recovery Solutions is Manchester’s most personable, professional and customer-focused insolvency practice. Call today for a free consultation.
Our insolvency solutions
Insolvency practitioners you can trust —
There is no one-size-fits-all insolvency solution. It can be complex and depends solely on the unique situation of the client. Take advantage of a free consultation with a qualified practitioner to discuss the best option for you.
Company Voluntary Arrangements
A CVA is a solution which allows a company breathing space to write off creditor debts and retain control.
Administration
Offers an insolvent business protection from creditors whilst the administrator seeks to rescue the company or its business.
Members Voluntary Liquidation
An MVL can be a tax-efficient and cost-effective means of closing down, or tying up the loose ends of, a solvent company or its subsidiaries.
Creditors Voluntary Liquidation
A formal liquidation process handled by the liquidator who manages the closure of an insolvent company.
Compulsory Liquidation
Often instigated by a creditor petitioning the court, compulsory liquidation closes a company which is unable to meet its liabilities and repay debts owed.
Individual Voluntary Arrangements
An alternative to personal bankruptcy, an IVA offers protection whilst an individual repays their creditors over a fixed period of time.
Personal Bankruptcy
When an individual finds themselves in severe financial difficulty, personal bankruptcy may be declared by an individual or enforced by creditors in order to repay debt.
Debt Relief Orders (DROs)
If an individual cannot afford to pay back debts, and meets specific criteria, a DRO allows certain debts to be deferred and written off.
Debt Management
An informal payment plan allowing an individual to repay some or all debts over a period of time, via an FCA authorised organisation.