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A Partnership Voluntary Arrangement is a formal plan to settle partnership debts when a business can no longer pay what it owes. In practice, a solicitor helps the partnership prepare a credible proposal, negotiates terms with creditors, and arranges a meeting to seek their approval. They also draft the necessary documents, liaise with the Official Receiver or insolvency practitioner, and oversee the process to avoid liquidation where possible. The arrangement changes how liabilities are shared and protected for partners and creditors alike.
The arrangement fixes how much is paid and over what period, establishing clear, time‑bound steps to avoid urgent litigation or liquidation. A solicitor’s role includes coordinating creditors, validating the proposal, and ensuring compliance with insolvency procedures to protect the partnership’s remaining value and the partners’ positions.
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Tagged solicitor Bushra Khan
I was assisted by busha khan regarding my will matter. M and k provide free advice and service is spot on. Always willing to go that extra mile for you.
Review left by Anonymous
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Tagged solicitor Nadia Faki
My father and I recently used the services of Nelsons Leicester branch to manage a bereavement. From the offset we were most impressed with the way everything was dealt with. Thanks to both Nadia and Judith(who provided the welcome coffee) for providing a professional service.
Review left by Carl
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Tagged solicitor Lisa Harris
BWK solicitors were so great. We used them for probate services and they also dealt with the sale of out mums house. So professional and communicative. I thoroughly recommend them.
Review left by Mark Ainsworth
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Helen was very helpful and knowledgeable throughout the whole process of writing wills and gaining lasting power of attorney. Would fully recommend.
Review left by Anonymous
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I recently dealt with Tasnim Khalid on a complex probate matter. Tasnim quickly grasped the issues in hand and provided a clear explanation as to the work that was required and the course of action to be followed. I found her to be knowledgeable and efficient and she kept me fully updated at every stage of the matter. I also found her advice to be practical and easy to understand whilst also recognising the cost and commercial implications. Her expertise was evidenced in the successful outcome that we achieved and I could not fault the advice and service provided.
Review left by Graves
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Tagged solicitor Ellie Colbourne
I was very impressed with the professional and efficiency I received from Ellie Colbourne starting from my initial telephone call enquiry about amending my Will through to the final meeting to sign my amended Will. I would certainly recommend Howard & Over to someone else.
Review left by Christine Underwood
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Fantatic service that was swift, professional and high quality. It was great that my best interests were put first! Thank you for your great help.
Review left by Nana
