Insolvency is the inability to pay debts when they fall due.
The prospect of insolvency is intimidating and stressful but quite common. Sometimes events happen that can lead a once thriving business or enterprise to face financial challenges that are simply too hard to survive. Individuals too can find themselves in serious financial difficulty.
Quite often, solutions are available.
For individuals, we can assist with –
Protecting your assets to safeguard them in the event of financial difficulties
Negotiations and or arrangements with creditors
In the absence of other solutions, bankruptcy
For companies, we can assist with –
Protecting the company’s assets to safeguard them in the event of financial difficulties
Negotiations and or arrangements with creditors
Protecting directors and shareholders
Dealing with Creditor’s Statutory Demands served on the company
Voluntary administration, receivership and liquidation
Dealing with administrators, receivers and or liquidators
This is a complex area of law and involves lawyers, clients and accountants working closely together to achieve the best outcomes.
Our firm, led by Principal Mario Merlo, is experienced in dealing with these complex matters. If you are in need of assistance give us a call.
FREE INSOLVENCY GUIDE
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