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Albert Goodman

Praxity


Insolvency & Business Recovery
For wide-ranging specialist advice on any personal or corporate insolvency situation, consider the experience of the Albert Goodman insolvency team. Our emphasis is very much on rescue and recovery rather than liquidation and bankruptcy, and we believe in “making it our business to solve your problems”.

Solving your insolvency-related problems can become a reality when they are identified and discussed at an early stage. This will maximise the options available to you, and there is then the real possibility that the threat of ultimate liquidation or bankruptcy can be avoided.

We recognise the stresses and strains that people involved in insolvency situations are facing, and aim to provide friendly and helpful advice in an approachable manner.

Personal insolvency
We can advise on the use of voluntary arrangements to assist individuals in avoiding bankruptcy. People find themselves with problems such as dealing with loan and credit card debts, and running a business that has encountered cash flow problems. The aim in both situations is to provide an affordable solution to avoid bankruptcy and, for businesses, to allow continued trading.

We also provide a service for cases where voluntary arrangements are not the right solution, and where bankruptcy is inevitable. We can assist you with the bankruptcy process, helping to relieve the stress and uncertainty.
Our advisory services also extend to assisting other local firms of accountants and solicitors who do not have insolvency specialists but who come across problems requiring informed and practical input.

Corporate insolvency
Organisations of all shapes and sizes come to us to confront and resolve insolvency problems that arise. We will consider all potential rescue options before thinking about other action. Our team has rescued a considerable number of local businesses in recent years, and has amassed a wealth of expertise and experience in this demanding area.

Where rescue options are not viable, we are able to provide advice and assistance to help ensure an organised and less stressful wind-down while protecting those involved.

We have increasingly worked in situations were solvent companies wish to cease trading for whatever reason, and need assistance with the formalities involved, such as dealing with employees. We also deal with solvent liquidations, generally undertaken for tax or wealth protection purposes.   

If you are concerned or would like to talk to us confidentially about any insolvency related matter without any obligation, then please contact Laurence Russell on 01823 286096 or email laurence.russell@albertgoodman.co.uk. All initial interviews are free of charge.

Our personal insolvency website is www.agdebtsolutions.co.uk

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