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A trustee in bankruptcy takes over the debtor’s estate when a bankruptcy order is made, realises assets, pays costs, and distributes funds to creditors. A solicitor in this area advises on the appointment, the trustee’s duties, and the process of realising assets, dealing with claims, and filing the necessary reports and accounts with the Insolvency Service. The work often involves statutory investigations, reporting on the debtor’s conduct, and ensuring correct distribution of dividends to creditors.
The appointment triggers time-bound tasks: collecting assets, valuing them, paying priority debts, and distributing the remainder to creditors. The process is governed by the Insolvency Act 1986 and related insolvency rules, with the trustee required to act in the debtor’s and creditors’ best interests and to keep proper accounts and reports. The role carries fiduciary duties and potential consequences for mismanagement.
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Tagged solicitor Heather Harkes
Heather dealt with the work required very pleasantly and professionally. My husband and I are pleased with the service we received.
Review left by Anne
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Tagged solicitor Stuart Hudson
Extremely efficient and professional service provided. Clear communications. Friendly staff. Nothing too much trouble. Greenwoods made the whole process stress free and are to be highly recommended.
Review left by Nigel Ward
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Tagged solicitor Charlotte Ann Rhodes
We decided to update our will for the first time in 20 years. john Bromfield held the originals of our existing wills which were provided at our appointment. Charlotte Rhodes was extremely helpful, gave good advice and enabled us to amend our wishes very easily. A new will was made available for us to sign within 2 weeks We were very satisfied with the service provided
Review left by Michael
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Tagged solicitor Esther Janalli-Brown
I would highly recommend , I used Esther Brown for wills and probate. I found her to be extremely knowledgeable, helpful and she was also experienced with dementia patients . Great communication , listen to our needs, would used again .
Review left by Miranda
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Tagged solicitors Jodie Smith and Kimberley Sheung Kong
Another great service from N Legal who have just dealt with my probate and late mothers estate, the process was completely stress free, very fast and effectively efficient especially during these difficult times. I have been using the services of N Legal Solicitors for nearly two decades. First when I was a Sales Negotiator at a local estate agency, and since then, I have turned to their expertise multiple times for both buying and selling properties. Their service is consistently professional, communication is outstanding, and their attention to detail is exceptional. Kim and the team have always made me feel secure and supported throughout the entire process. Legal matters can be incredibly time-consuming and often confusing. Kim demonstrates both deep expertise and a confident ability to handle cases across various areas of law. I wholeheartedly recommend N Legal to anyone in need of legal advice.
Review left by Lee Matthews
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Tagged solicitor Charles Dibley
xcellent service from start to finish. The process was described in detail from the beginning and all questions and emails were answered fully and quickly. Work was. Completed at a reasonable price. I would recommend using this company.
Review left by Paula
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Tagged solicitor David Mulholland
We contacted Sherrards for assistance with a Lifetime Will Trust in respect of my late father's estate. David Mulholland was extremely knowledgeable and efficient. He took us through the registration process step by step. Any queries we had were dealt with promptly and satisfactorily, and the matter has now been concluded. We would definitely recommend.
Review left by J
