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Recovery & Insolvency

Recovery & Insolvency

If you are seeking a rescue process or have questions about a formal liquidation, our preferred partner network can help. With so many Recovery & Insolvency routes to choose from, it can be difficult to know what’s best. We can put you in touch with industry experts who can weigh up all the possible options and advise you on the best solution.

Administration

Putting your company into administration if it’s in debt allows you to pay back money over a period of time, and will protect you from legal action from creditors.

Bankruptcy

Bankruptcy is one option for clearing your debts and making a fresh start, but there are some crucial repercussions that you’ll need to be aware of. Our partners can discuss your options.

Company Voluntary Arrangement

CVAs are a legally binding agreement that can help ensure the survival of your company. This type of arrangement can help when struggling with pressure from creditors or cash flow difficulties.

Creditors’ Voluntary Liquidation

In the cases where recovery or rescue procedures aren’t feasible, the directors of an insolvent company can voluntarily choose to bring their business to an end. Our partners can help.

Members’ Voluntary Liquidation

MVLs are a useful exit strategy if your company is solvent but you want to retire, step down from a business or you simply don’t want to run the company any more.

Individual Voluntary Arrangements

Considering what’s the best option to pay off your debts? Individual Voluntary Arrangements are formal debt solutions which enables you to take control of making affordable repayments.

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News and Insights

  • 11
  • May
2020 declared ‘Year of the Start-up’ due to record levels of UK business creation

Last year may have been one of the toughest years UK business has seen in living memory, but it also saw the setting of an all-time record that should serve as an encouraging sign for the future of Br…

  • 23
  • Apr
Business growth in the UK at its highest for six months

In another indicator that the UK’s business recovery is picking up pace, it has been reported that output across numerous sectors reached a six-month high in March.  According to Bank of Scotland…