Life is never straightforward for someone facing insolvency, but if you or any of your clients are in this situation, we can assist by having an initial discussion to understand the overall position and consider suitable options with you.
It’s important that people fully understand all the options. Only then can they know they’re making the right decision for them. Our first step is to make sure we’re fully aware of their personal, financial and business circumstances.
Then we can explain the impact of each option and how it will affect them, their families, their home, their business or employment prospects and any partners or employees they might have. For example, we might demonstrate how an Individual Voluntary Arrangement (IVA) could be a better outcome than bankruptcy – for the debtor as well as for creditors.
When required, we have the relationships that mean we can refer high-quality accountants or solicitors to help with ongoing tax issues or legal proceedings.
These are big, important decisions, so we take great care to ensure we always deliver the best advice.Paul Atkinson Restructuring Advisory