Options for Companies
Your company may have come to the end of its useful life or may require protection from its creditors whilst it is restructured.
There are various options open to you:
Find out when a company should be wound upAdministration
Find out whether a rescue procedure is viable Company Voluntary Arrangement
Can you make a deal with your creditors?
We provide clear, impartial advice and we take a compassionate approach to all our clients. Our objective is to ensure the optimum outcome is achieved, be that safeguarding the value in a business, reducing your personal risks or minimising your exposure under a Personal Guarantee.
Despite a formal insolvency procedure, where it is in the best interest of the creditors, you may still be able to run the business through a new limited company. However, it is essential that you are guided through this situation by an insolvency practitioner to ensure that you comply with all your obligations.
Options for Individuals
We can also advise whether your personal situation requires a formal insolvency procedure such as Bankruptcy or an Individual Voluntary Arrangement or whether you may be able to find a route through your debt problems on an informal basis.
There are a number of options open to you:
