![]() ![]() No liability is accepted by McElhinney & Associates for any action taken in reliance on the information contained herein. Professional or legal advice should be obtained before taking or refraining from any action as a result of the contents of this publication. It does not constitute legal or professional advice. **This information is for guidance purposes only. *In contentious business a Solicitor may not calculate fees or other charges as a percentage or proportion of any award or settlement We at McElhinney & Associates Solicitors, can provide you with all of the necessary guidance and advice for either party intending to engage in a voluntary transfer. The purpose of establishing solvency at the time of the voluntary transfer is to ensure that the document with stands close scrutiny. In addition, the Transferor will be required to execute a declaration of solvency, confirming and declaring that as at the date of the transfer he or she is solvent and able to meet their debts as they fall due and have not entered into the voluntary transfer to avoid their debts. ![]()
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