What is Corporate Insolvency
A company or individual is said to be insolvent if they either do not have enough assets to cover their debts (i.e. the value of assets is less than the amount of liabilities), or are unable to pay their debts as they fall due. Once a company or individual has become insolvent, there are several courses of action open, but they are different for individuals and companies.
- Corporate Insolvency
- Company Voluntary Arrangement (CVA)
- Administrative Receivership
- Creditors Voluntary Liquidation (CVL)
- Compulsory Liquidation (CL)
- Members Voluntary Liquidation (MVL)
Whether you are an individual facing personal insolvency or a Director of an insolvent company, we respond quickly and economically to meet your individual needs. We are well placed to advise you on all aspects of personal and company insolvency.
We provide independent, confidential and constructive advice to both individuals and companies who require flexible solutions, not only when they are in financial difficulties, but also where restructuring would assist in creating a stronger business to meet the challenge of a tough economic climate.
We work closely with other firms of professional advisers, accountants and solicitors to provide a specialist insolvency service to complement their in-house capabilities and add depth in a highly complex and technical area where expert guidance can produce significant results for the clients or creditors as the case may be.
We always welcome enquiries and are happy to meet to discuss potential cases either at our offices or at the clients' if more convenient.
Areas of particular expertise include:
- Individual Voluntary Arrangements
- Informal Arrangements with Creditors
- Company Voluntary Arrangements
- Creditors' Voluntary Liquidations
- Members' Voluntary Liquidation
- Compulsory Liquidation
- Business Turnaround
Contact us today for a confidential talk. We'll show you a positive way forward. To speak to an adviser, who will call you to discuss your specific requirements click here to submit your details via our contact form