Information for trade creditors
Updated 28 August 2026
An intervention closes the firm.
We do not assume any liability or obligation for trade debts relating to a firm that we regulate. Managers of an authorised body, or a recognised sole practice are responsible for all trade debts.
You should consider seeking independent legal advice if you are finding it difficult to get payment. You might also want to talk to your insurer to see if you are covered for the loss.
What happens if you are storing files or documents on behalf of an intervened firm?
You should contact our Operations Team to arrange collection of everything you hold for the firm(s). You can do this by emailing us. Please include the number of boxes you are holding and the location.
Under the Solicitors Act 1974 (as amended) we have the power to close firms of solicitors in certain circumstances. Following an intervention decision, all the documents held by the firm relating to its legal practice at the date of the intervention vest in us. This includes those held in storage facilities like yours. This means that we have the right to take possession of the documents and hold them on trust for their owners, who in most cases will be former clients of the firm.
We are entitled to the documents irrespective of any lien or claim for costs by the firm or any third party. Learn more about the relevant schedule to the Solicitors Act 1974 (as amended).
We are not liable for any arrears or contractual charges agreed with the firm. This includes exit charges for the uplifting of the boxes.