Insolvency Procedure
What is an Insolvency Procedure?
Many individual and business specific reasons can lead to a business needing to use an insolvency procedure.
An Insolvency Procedure may have a variety of uses ranging from formal deferral of payments to creditors, through to a managed close down. Within the range is a fast track company protection procedure to buy time for restructuring.
All types of formal insolvency procedure require the involvement of a Licensed Insolvency Practitioners.
Insolvency.com will advise on the full range of insolvency procedures from planning for both personal and company financial issues.