Asking for help is often the hardest thing to do. However, it can be the first step in dealing with financial problems.
Whether the financial issues arise in respect of a company, business or personal situation, it can get to a stage where it seems insurmountable and that there is no way out. In business, it can also become a downward spiral as more and more time is spent dealing with supplier issues and less and less on “running the business”.
The reality is that there are a number of solutions out there to help individuals and companies in financial difficulty and these can help transform the situation for the parties involved.
The first step, though, is to seek quality advice. At Milsted Langdon, we have a proven track record of helping companies, partnerships, sole traders and individuals to resolve their current problems and put in place strategies for recovery and future growth.
Exercising the utmost discretion, we can help you in a number of ways, including:
- Exploring turnaround opportunities
- Minimising personal damage
- Compliance with strict legal duties
At Milsted Langdon, we have an enviable reputation for being able to find solutions that result in a business surviving or an individual avoiding personal insolvency and where that isn’t possible, we will help you manage the situation in order to ascertain the best possible outcome for all concerned.
Burying your head in the sand won’t help your situation, but seeking expert advice could get you back on track.
If you get us involved in the process early enough, we can help protect you from all the pitfalls associated with insolvency.
Our insolvency practitioners have the expertise to deal with all aspects of insolvency and corporate recovery. We can advise you on:
- Business rescues
- Alternatives to bankruptcy
- Voluntary arrangements
- Advice for directors of insolvent companies
- Tax efficient solvent liquidations
- Negotiations with creditors
- Debt recovery
- Reconstructions and de-mergers
- Options and representation for creditors
Remember, the earlier you seek advice, the better your chances of avoiding insolvency.
Click here for Creditors’ Guides to Remuneration.
To find out more about our insolvency services, contact us.