Do you need a company bankruptcy in Ipswich?

Is your business currently insolvent?
Are you looking to end your responsibilities and close down your company?
If so then McTear Williams & Wood will give you the assistance you require

Call us now and arrange a free consultation on 0800 331 7417

Liquidate your company’s assets with a company bankruptcy. When your debts are greater than your assets, your company is officially insolvent. Avoid increasing your personal liability as a director with a company bankruptcy, which allows you to effectively terminate your responsibilities.

By choosing a company bankruptcy, you have the option to appoint your own liquidator, who will work with you to sell off the assets of your business. The funds generated are used to satisfy the claims of your creditors before the company is fully shut down. Many directors often choose to buy back their business and assets and relaunch under a new name once the debt has been shed. Over the years McTear Williams & Wood has helped many companies with this process and are hence in the perfect place to assist you with such a process.

Find out more about all the paths of action available to you with one of our company bankruptcy advisors at our Ipswich offices. This gives you an overall picture of your choices together with a professional view on the best next move for you and your company.

Why use McTear Williams & Wood?

  • Avoid personal liabilities – one of the biggest concerns of any director when closing down their company is avoiding personal liability. McTear Williams & Wood will work to make sure your accounts are in the correct order.
  • Work with one of our directors – all of our engagements are led by a director, ensuring that you receive the full benefit of our extensive knowledge and experience of company bankruptcy.
  • Full turnaround services – is liquidation the right choice for you? If you decide to try to return to profitability we can provide you with additional finance, restructuring and even interim management to support your business through this time.
  • Free initial consultation session – in the first instance we always provide our clients with free advice. Simply put, we can tell you if your business will succeed or fail and outline any potential routes of recovery.

Your next step

If you are thinking of going through a company bankruptcy this could be an extremely difficult time in your business life as a director. However, there could still be a number of options available to you.

Act now to find out all the facts about your current situation. However, be aware that as creditor pressure mounts, some options will close off to you in the course of time. Call us now to discuss your company bankruptcy at our Ipswich offices.  Contact McTear Williams & Wood today on 0800 331 7417

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