Liquidation
If a company is insolvent, this solution will allow the company to sell off any remaining assets and wind the company down. Liquidation is a last resort but does provide a way to halt a failing business
Administration
Stops any legal action and protects the company from creditors allowing you to find the best possible financial solution available
Recovery Plans
Recovery plans are the best way to save a business which is struggling from short term financial difficulties. There are two types of recovery plan and neither involves formal legal procedures.
CVA'S
CVA's are a excellent way to save a struggling business by allowing the company to continue trading. Creditors will recieve staggered repayments over a fixed term. During a CVA only a portion of debts will be repaid and all interest frozen giving the company the best possible chance to survive.
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