Administration, Insolvency and Liquidation Services
Options Available for Companies Struggling to pay Debts
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 administration or insolvency services that Byrne Associates can provide to you and your directors:
We provide clear, impartial advice on dealing with liquidation, company CVA’s or entering administration 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 Facing Bankruptcy
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:
Alison and Ruth both provide pragmatic and commercial solutions to businesses and individuals facing financial difficulties. Their approach not only ensures the strongest chance of financial survival but also the interests of creditors. I would confidently recommend them to anyone in need of their sNev Catton (Solicitor )
25 April 2016
22 March 2016
20 January 2016
- Head Office: Suite 3 Farleigh House, Farleigh Court, Old Weston Road, Flax Bourton, Bristol, BS48 1UR
- Tel: 01275 464 038
Fax: 01275 462 937