INSOLVENCY
We understand that Corporate Failure is a traumatic experience for Company Directors. In our experience, the vast majority of Directors of Insolvent Companies never intended to incur losses and debts to Suppliers, The Revenue Commissioners, and Banks. Most Directors are honest, industrious risk takers who fall foul of the many difficulties and uncertainties in a complex, risky, competitive, and ever-changing world of commerce. Some of the largest and best-known Corporations in the world have failed for one reason or another.
THERE ARE SOLUTIONS AND REMEDIES TO INSOLVENCY but failure to seek professional advice and ACT RESPONSIBLY may well expose DIRECTORS OF INSOLVENT COMPANIES to RESTRICTION / DISQUALIFICATION by THE HIGH COURT, and can even lead to PERSONAL LIABILITY FOR THE COMPANY’S DEBTS.
INSOLVENCY IS A SPECIALISED AREA and we recognise that Company Auditors or financial advisors may NOT always be in a position to devote the time or have the hands-on management skills to assist directors whose companies are in serious financial difficulties.
If you are a Director of an Insolvent Company please contact Michael Fitzpatrick at +353862552457. We will arrange to meet with you without delay and discuss a range of possibilities that may even save your company from ultimate failure.
REMEMBER many companies are technically insolvent but still manage to trade out of their difficulties by reaching an agreement with their Creditors and restructuring their debts. We can help you if YOU ARE WILLING TO HELP YOURSELF