Relieve pressure from my creditors
There are a number of ways we can help you by relieving the pressure from creditors:
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Handling creditors
We can advise you how to talk to creditors and explain the situation to them so they are more likely to be understanding and give you breathing space to resolve the underlying problem.
We can talk to them on your behalf. Speaking to a professional Insolvency Practitioner puts the problem into context. Most creditors do not want to suffer a bad debt and lose a future potential customer.
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Protection with an administration order
We can very quickly file forms in court to place the company under the protection of administration that puts a legal force field around the company and stops all legal actions against the company, including claims, judgments, landlords, bailiffs etc.
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Creating a formal rescue plan (CVA)
The company can propose a company voluntary arrangement that provides for debts to be paid back in part or in full over an extended period of time – usually up to five years.
