Due to the downturn of the global economy, both individuals and companies are facing financial hardship. Whilst there may be sufficient assets to pay off any outstanding debts, there may be issues in converting those assets into short-term cash flow in order to meet those debts.
At Executive Lawyers, we can provide insolvency advice for businesses. We assist with Voluntary Administration and various Deeds of Company Arrangements.
If you are an individual and are facing mounting debts and are not sure how to proceed, we can help. If you are unable to pay creditors, we can assist with a debt agreement, partial debt repayment personal insolvency agreement.
If you have defaulted on a mortgage, we can negotiate with the lenders on your behalf. We can also assist with bankruptcy, and provide legal advice for taxation matters.
Speak to our team today.
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