Protecting Your Interests
Lets talk frankly, the appointment of an insolvency practitioner means that control of the company transfers from the business owners/directors to the insolvency practitioner, either as a receivership or an administration, and as helpful as they can be, they have a duty of care to all creditors and you have lost this control of the company on appointment of the IP and you become vulnerable.
In our experience most insolvency practitioners remain tied to closure techniques or those methods where fees are greatest. Whilst many IP’s are moving into the rescue and restructure field they do not communicate with distressed companies easily.
Before you appoint an Insolvency Practitioner please please talk to us first.
Key Fact:
When things get tough directors and business owners find that professional help melts away. Many thousands of struggling but otherwise viable businesses fail because the directors get bad advice, poor advice or no advice.
Remember you local accountant will always get a referral fee for pointing you at his trusted insolvency practitioner, there is nothing wrong worth that are industry works on referral fees, the difference is we are up front about our advice and how we get paid, remember to ask, when he next advises a service or professional fee, what your referral fee is for this recommendation?
Call us or email us, fill out the form on contact us page, whichever way you contact us we are proud of our ability and willingness to help.
Protecting Your Interests
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