The decision about the way forward (continue trading, proceed with an appointment, etc) is always a matter for directors.
If it does make sense to proceed with a formal business restructuring or insolvency appointment, we’ll prepare the necessary documentation to commence via email.
Once the necessary documents are signed and lodged, our appointment commences.
We meet with the directors and their professional advisors (accountant, solicitor, etc.) to discuss the company’s existing affairs and available options at the current time.
Together, we’ll go through provided information about the company’s business including it’s and its assets and liabilities.
This no risk, cost or obligation discussion is aimed to provide you with clarity around the available options and what makes the most sense for the directors, the company and other stakeholders moving forward.