When you start out in business you never expect to face is financial difficulties.
Running a business involves a lot of work and commitment. Unfortunately, financial difficulties are becoming more likely and a greater risk for many businesses. If you find yourself facing financial difficulties then you will need advice and expertise from insolvency specialists who can help you find your way out of the maze of legal and financial issues involved.
McDonald Vague has over 20 years’ experience in assisting companies and individuals facing financial difficulties and can offer advice on:
- Liquidations
- Receiverships
- Restructuring and turnarounds
- Company compromises
- Bankruptcy alternatives
- Forensic accounting and investigations
And a range of other insolvency and business recovery services.
30 second insolvency test
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.
- 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?
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.
