Company Insolvent - Where To Go To Get Help?

OasisGardening

Free Member
Nov 18, 2010
64
2
My business has been struggling for a while and after making lots of changes over the last couple of years to try to make it viable it became increasingly obvious that it wasn't working and the business was going down hill and the only solution was to close the business. I thought I'd be able to do this myself with my intention to wind it down, selling off stock to pay debts, however, what has become clear over recent times is that this isn't viable and I'm now struggling to pay the business debts, I have creditors chasing me and threatening legal action within days. I've searched online for Insolvency Practioners but I'm overwhelmed by whats out there and don't know where to start - companies saying it will cost £2k and will be done quickly and easily and I can walk away with no personal liability, through others saying it will cost £6k and I could have personal iability, through to companies offering to buy my company for a pound and I walk away debt free. I'm drowning and don't know where to start. Could anyone help me get some clarity with it please?
 
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Lisa Thomas

Business Member
Business Listing
Apr 20, 2015
5,452
1
1,444
www.parkerandrews.co.uk
Hello Oasis

Well done on taking the first step towards getting help.

I appreciate how daunting it can be when there is so much information online.

Perhaps start with my video here on options and you can start to narrow it down.


I'd be happy to have a free chat with you to explore all the options available and the different costs and risks associated with each one.

My initial chat is free and confidential and you're note obligated to instruct me, if I can help.
 
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OasisGardening

Free Member
Nov 18, 2010
64
2
Hello Oasis

Well done on taking the first step towards getting help.

I appreciate how daunting it can be when there is so much information online.

Perhaps start with my video here on options and you can start to narrow it down.


I'd be happy to have a free chat with you to explore all the options available and the different costs and risks associated with each one.

My initial chat is free and confidential and you're note obligated to instruct me, if I can help.
Thank you, I will call you tomorrow.
 
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Reactions: Lisa Thomas
Upvote 0

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