If one of the partners in a partnership is bankrupted, the partnership can be automatically dissolved on the making of the Bankruptcy Order often forcing the partnership to cease trading and leaving the remaining partners liable for some or all of the partnership liabilities.
When to consult us
The sooner we are consulted the sooner we are able to assist you in finding a way through the business difficulties you are facing. The later it is left, the fewer the options will be. The best time to consult is as soon as any financial difficulties become apparent.
We are a local business supporting local business covering all of Devon, Cornwall and Somerset.