Barrett and Co can be here to offer expert advice to support you every step of the way.

A Bankruptcy Petition is usually presented by an individual, a creditor or a supervisor of an Individual Voluntary Arrangement (IVA).

The first stage is a Debtor’s Bankruptcy Petition, a Statutory Demand or a Certificate of Non Compliance. If you do need advice about whether or not you should present you own petition, or receive a Statutory Demand or fail to comply with the terms of your IVA it is important to act quickly. Delay will only compound your problems.

How Can We Help?

Initial advice can be given via a one hour fixed fee meeting for £95. Thereafter, we will give you an estimate and we will not exceed that estimate without getting your permission first. If appropriate, we will offer you a fixed fee for a fixed amount of work. We also offer Pay As You Go Legal Service, whereby you only pay for the legal services you actually want.

From October 2015, the threshold for creditor’s bankruptcy petitions will increase from the current limit of £750 to £5,000.  Also, the maximum level of debt in respect of which a Debt Relief Order (“DRO”) can be obtained will increase from £15,000 to £20,000. 

In order to collect a debt of less than £5,000, a creditor will have to obtain judgment via the small claims court.  If someone owes you more than £5,000 after October 2015 then you may wish to issue a Statutory Demand, but it is important that you obtain advice first. All the T’s must be crossed and the I’s dotted when you apply for a Bankruptcy Order or you may end up losing further money and causing extra delays. We can assist you through the process and advise you regarding alternative procedures for pursuing your debts.

  • 5 star review  I approached several local companies about advice on an employment matter. Barrett and Co were, by far, the most responsive and flexible. The advice I received from Justin Sadler was timely, expert, professional and concise. Thank you for a great service.

    thumb Andrew Carter
    17th November 2020
  • 5 star review  Based on my experience I would have no hesitation to recommend Barrett and Co to any friend or family member in need of legal services. Further, any legal service is only as good as the people within it and the people at Barrett and Co are brilliant. They are helpful, communicative, understanding and patient. They explain the options and when legal language is required and necessary they are willing to sit down and explain what it mean in plain english. Great people and a Great service,

    thumb kevin bulcock
    7th October 2020
  • 5 star review  Paul was really responsive, supportive and answered all my questions in a really honest and professional way. It was a pleasure working with him and i would recommend him to anyone needing a solicitor. Thank you Paul

    thumb Lore S
    6th October 2020
  • 5 star review  I have worked with Justin Sadler several times and he always responds really well with easy to understand advice

    thumb sue bancroft
    5th September 2020
  • 5 star review  Vanessa drew up my will after a video consultation (due to Covid 19) and then I got it signed and witnessed in the office car park maintaining social distancing. My will was very straightforward but Vanessa ensured that all necessary areas were considered and addressed. I received a very professional, courteous service and I would certainly use Barrett and Co again.

    thumb Julie Haycock
    3rd September 2020
  • 5 star review  Dealt with Chris Miller who was fantastic from the start. Clear assessment of the issues and risks with great guidance and proactive communications. Chris is a very valuable asset and I would recommend him fully. The only issue I had was with the bill which was not clear and had to be adjusted. We won the case with costs awarded but it still cost us the best part of £1400, not sure how that works....

    thumb Isanino World
    16th August 2020
  • 5 star review  Justin Sadler provided an excellent service in relation to an employment matter. His clear and concise guidance provided me all the necessary assurance and support to conclude the matter. The rest of the team at Barrett's, where also very professional and highly responsive in the short time I had available to reach a conclusion. Barrett's certainly instilled a strong sense of trust and would definitely be my first choice for any future legal matters.

    thumb Garry Sissons
    13th August 2020
  • 5 star review  From start to finish these guys made me feel at ease during a turbulent time. First class service from all who I death with so I highly recommend them.

    thumb Mo Elliot
    6th May 2020