These are some of the formal insolvency options open to companies and individuals:
Members Voluntary Liquidation
Creditors Voluntary Liquidation
Company Voluntary Arrangement
Individual Voluntary Arrangement
Philip Wallace is on the Official Receivers' Rotas enabling him to take Secretary of State appointments as:
Trustee in Bankruptcy
Liquidator in Compulsory Liquidation
We can help shareholders and directors of companies struggling with cashflow problems or tax debts.
We can provide impartial advice to individuals suffering problems with debt.
The firm is proficient in undertaking complex investigations into insolvent individuals and companies to ensure the best return to those who are owed money.
We can assist in the winding-up of solvent companies in a tax efficient, cost effective manner thereby ensuring the highest return to members.
When you have concerns about a customer you may wish to seek advice from an independent experienced team who are well-versed in dealing with businesses suffering financial problems.
We conduct independent business reviews on behalf of both lenders and investors. We are able to offer advice in respect of refinancing, and exit strategies.
We take a proactive approach to realising assets, often in conjunction with our network of other specialists.