If you are a director or shareholder of a company that is finding it difficult to pay its debts, or you are struggling with your personal finances, then it is advisable to speak to a professional adviser who can evaluate alternative options that may be available before liquidation or bankruptcy.
Our insolvency team has advised clients on a number of alternative options and procedures including informal arrangements with creditors, individual and company voluntary arrangements and administration.
If you are concerned about your financial situation, or that of your company, and would like independent advice on the options available please speak to Dan Hirst, Head of Insolvency, on 0113 225 8811.
