If you are a professional with a client in financial difficulty we will happily offer an initial free consultation to see what assistance we can provide.
It is always our intention to save an ailing company where possible. Our experience enables us to assist directors with a tailor made recovery plan to suit individual circumstances. Our experienced Licensed Insolvency Practitioners will explore all avenues prior to considering a winding up.
Be it a solvent Members’ Voluntary Liquidation which can have significant tax benefits for shareholders or an insolvent Creditors’ Voluntary Liquidation which often relieves the directors of an extremely stressful situation, we can assist with the formalities involved in winding up companies.
There are a variety of ways in which we can assist an individual who finds himself in financial difficulties. Often debtors are anxious to avoid bankruptcy, in which case we can assess what is the most appropriate option available to them. It can simply involve negotiating with creditors on an informal basis, or in some instances, particularly where there are a large number of creditors, an Individual Voluntary Arrangement can be more suitable.
Of course, bankruptcy can still be the solution for some debtors, but it is always advisable for an individual to seek advice regarding their personal circumstances at the earliest possible opportunity. In order to ensure they decide on the correct procedure for their circumstances and are fully aware of the implications and restrictions.