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Accountants often say to me “I'm not sure what to say to a client when his business enters the murky world of insolvency and starts asking tricky questions like ....
In the present bank lending climate most banks are reluctant to lend to any company with a hint of balance sheet weakness. Could a Company Voluntary Arrangement (CVA) be used as an alternative cost-effective way to restructure a company balance sheet?
Whenever I hear a discussion in the media about personal debt I hear the names of 'debt charities' enthusiastically put forward by the presenter....
Insolvency Ahead! A Recent Court Case.
Good Job From The Insolvency Profession!
Looking At The Whole Picture!
“That's What My Accountant Told Me To Do!”
IVA providers - they're all the same aren't they?
UK Personal Debt - Some Interesting Facts…
I’ve also been at Griffin & King for 30 years later this year. Where’s that gone?
Recent figures show that the number of the self-employed has soared to an all time high.
Failure to prepare? Prepare to fail! – Part 2!!
Take advice from us without delay. We are a firm of regulated Insolvency Practitioners who will give you clear, no nonsense advice about the financial position of your company. Call Tim Corfield or Richard Owen to advise you now. We will see you later today, or over the next few days, if necessary. We will agree with you how you are to proceed....
Yes. If your company is insolvent you need to take advice from an Insolvency Practitioner to fully evaluate the financial position of the company and consider the options available. The options available would include a Pre-Pack Administration or Administration or Creditors’ Voluntary Liquidation....
How quickly can a creditors’ voluntary liquidation process start?
The process can be started immediately. The directors need to sign a resolution to appoint an Insolvency Practitioner to prepare a statement of affairs and to call a creditors meeting. In practice, there may be certain things that delay the commencement of the process....