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Services to Secured Creditors

We provide the following services:

  • Advice on validity of security
  • Advice on options for enforcement
  • Prepare appointments of administrative receivers (if permissible), LPA receivers (if fixed charge held) and administrators (if qualifying floating charge held)

For further information or advice, please contact Neil Harrold on 0191 232 8345 or emailneil.harrold@hay-kilner.co.uk


  • "Head of department Neil Harrold is regarded as a 'good operator' who gives 'sound advice'. He acts for insolvency practitioners, companies and individuals."

    - Chambers & Partners

  • "Thank you for your help, I'm very grateful and happy it's all sorted... I feel like I have had a great weight lifted off my shoulders."

    - Client of Neil Harrold

  • "Practice head Neil Harrold has ‘excellent technical knowledge and tempers it with practical solutions'"

    - The Legal 500

  • "Although a significant volume of this firm's recent work has consisted of personal insolvency matters, the team's experience also extends to corporate administrations and pre-pack sales of distressed businesses and their assets. A mixture of large and mid-tier IPs instructs the practice on the back of its 'responsiveness' and 'sound technical skills'. The group has a number of noted niche strengths, including advising banks on their right to levy charges on insolvent individuals proposing to enter into voluntary arrangements. It also continues to assist a well-known client on the implementation of Law of Property Act receiverships, which in the past year has generated cases involving sums totalling several million pounds."

    - Chambers Guide

  • "Licensed insolvency practitioner Neil Harrold is especially well regarded, heading a four-partner practice at Hay & Kilner, which clients say is ‘very good'. The firm undertakes a comprehensive mixture of corporate and personal insolvency work. Most of the major North East insolvency practitioners instruct the team, as do some based in Leeds, Manchester, Carlisle and the South East. Instructions also emanate from banks and other financial institutions."

    - Legal 500