PBC, a Business Recovery & Insolvency Practice
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What We Do
We help you solve financial problems
Corporate Insolvency
Pressure from Creditors?
Struggling to pay your debts?
Looking at options to save your Business?
Personal Insolvency
What is Bankruptcy?
Can I make arrangements to pay my debts?
What are my options?
Mediation
Are you in a Corporate dispute?
Shareholder issues?
What is ADR (Alternative Dispute Resolution)?
Why Choose Us?
We are committed to finding the best possible outcome for our clients.
Meet The Team
Meet the dedicated and experienced professionals behind our business.
Our Services
Administration
Administration is designed to protect a company or partnership whilst plans are formulated to achieve one of the statutory objectives.
Company Voluntary Arrangement
A Company Voluntary Arrangement is a procedure which enables an insolvent company to reach an agreement with its creditors to delay or compromise the payment of its debts.
Compulsory Liquidation
Compulsory liquidation is a process where the court orders that the company is wound up, following a winding-up petition being presented to the court. It is the only way an unsecured creditor can directly bring about the liquidation of a company.
Creditors’ Voluntary Liquidation
Creditors’ Voluntary Liquidation is a procedure whereby the directors of an insolvent company can voluntarily take steps to wind up the company.
Members’ Voluntary Liquidation
Members’ Voluntary Liquidation is a procedure whereby directors wish to wind up the affairs of a company and the company is in a position to pay creditors in full.
Pre-pack Administration
A pre-pack administration sale is a formalised way of selling a business to a third party or the existing directors if the business has financial problems and/or is experiencing pressure from its creditors.
Mediation
Mediation is a form of Alternative Dispute Resolution. It is a flexible process conducted confidentially in which a neutral person (the Mediator) actively assists the parties in working towards a negotiated agreement
Bankruptcy
Bankruptcy is used to deal with an individual who is unable to pay their debts.
Individual Voluntary Arrangement
An Individual Voluntary Arrangement is a legally binding agreement between an individual and their creditors. The agreement sets out a payment plan to repay creditors either in full or an agreed percentage of their debts.
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A few testimonials
PBC are licensed insolvency practitioners with an office in Northampton and covering Milton Keynes and Bedford
At PBC Business Recovery & Insolvency, we understand that financial difficulty can be a daunting experience. That’s why we’re here to help you through it. We’re a leading provider of business recovery and insolvency services in Northampton, Bedford, Milton Keynes, and the surrounding areas. Gary Pettit has over 30 years’ experience as an Insolvency Practitioner, and we have a team of experienced and qualified professionals who are dedicated to helping businesses succeed.
We offer a range of services to help businesses through financial difficulty, including administration, company voluntary arrangements, compulsory liquidation, creditors’ voluntary liquidation, members’ voluntary liquidation, and pre-pack administration. We understand that every business is different, and we tailor our services to meet the specific needs of each client.
On a personal side, we also offer services to support bankruptcy and individual voluntary arrangements.
We’re committed to providing businesses with the help and support they need to recover from financial difficulty. We know that it’s a difficult time, but we’re here to help you through it. Contact us today to learn more about how we can help you turn things around.