Small Business Bankruptcy
Debt problems are a common occurrence for some small businesses. Sole Traders and Partnerships may have more than their share of problems in the current economic climate.
A small business can find itself with debt problems for a number of reasons, often not of their own making. Do any of the following situations relate to your circumstances:
- a downturn in sales?
- a new competitor in the area taking customers from you?
- customers taking too long to pay or not paying at all?
- bank refusing to lend or lend on terms acceptable to you?
- problems paying tax?
- personal debt or circumstances affecting the running of the business?
Whether you find yourself with problems, the sooner you get advice, the better. Our advisers offer free, impartial advice about the solution which is right for you. Whether that's help on turning your business around or advice on insolvency or bankruptcy procedures, we are able to offer assistance in finding the best solution for your business. We offer help with the Debt Arrangement Scheme, Trust Deeds and bankruptcy, as well as full and final settlements and other informal debt solutions.
Call 0845 051 0210 now to arrange a free consultation