“My company can’t repay its bank loan. What can I do?”
If this sounds familiar and your relationship with your bank or private lender is breaking down you may be looking at a company receivership. Talk to us to find out more.
30 second insolvency test
- Is your company delaying payments to either the IRD or other creditors?
- Are its assets worth less than all of its debts?
- Have any creditors taken legal action against the company?
If you have answered yes to one or more of these questions then your company may be insolvent and you need to act as soon as possible.
The earlier you speak to us the better
If you have failed our insolvency test then you need to speak to us so we can make clear recommendations for action. The earlier you speak to us the better, as we may be able to give you more options. We will listen carefully to your position and assess your situation based our knowledge and experience.
