MKB Law’s dedicated financial team deal with all matters relating to financial mis-selling, debt recovery, debt restructuring, insolvency, funding solutions and banking litigation. We have a proven track record of success in this field, and are regarded throughout Belfast and Northern Ireland as experts in relation to all legal banking and financial matters.
MKB Law can assist with all issues regarding financial mis-selling particularly Interest Rate Hedging Products. IRHP’s were mis-sold during times of economic prosperity and have now created unfortunate burdens for those who purchased them.
We encourage all clients who feel they have been mis-sold a financial product to seek independent advice. Our Finance team can act for both individuals and businesses who believe they have been mis-sold a swap, cap, collar or other IRHP.
Personal & Commercial Insolvency
Debt is an unfortunate fact of modern life. Whether it’s personal or commercial debt, the Insolvency solicitors at MKB Law will offer impartial and confidential advice to enable you to manage and address debts. We can assist you in a range of areas such as:
Our specialist debt-recovery team of Director David McAlinden and Senior Legal Executive James McIlveen, provide volume debt recovery and enforcement of judgements for a range of clients notably finance houses, commercial clients and private clients.
We offer a range of services in this area; solicitors’ letters before action and telephone collections, asset recovery, and the recovery of arrears and ejectment proceedings on behalf of landlords. Our team also provide relevant judgement and bankruptcy searches.
Our Finance team work with organisations and individuals who are financially distressed or have a specific banking issue. Many of these arise in situations where there is a solid core business but it is associated with distressed property assets. We will advise on matters such as: guarantees, facility agreements, debt purchase strategies and subordination agreements.
We have successfully negotiated with all major banks and financial institutions, including NAMA and Ulster Bank/GRG.