Last modified: August 14th, 2017 by Licensed Insolvency Trustee
If you are a small business owner and you are unable to pay your rent, a Proposal to Creditors may be a good option for you.
Last modified: March 22nd, 2018 by Licensed Insolvency Trustee
Small Business Restructuring There are many reasons why a business may need to consider restructuring. These reasons include difficulty in repaying or overcoming high start-up costs, the costs associated with over-expansion, expansion into unprofitable areas, the loss...
Last modified: August 14th, 2017 by Licensed Insolvency Trustee
What is Small Business Bankruptcy? Why Can’t I Wind up the Company Myself? Small business bankruptcy is a legal process that a company can enter into if a business is having financial issues, trouble repaying creditors and is unable to pay back debts. In a small...
Last modified: November 16th, 2016 by Licensed Insolvency Trustee
Small Businesses and a Proposal to Creditors Many people believe that, when a business has financial difficulties, the only option is to file for bankruptcy. This isn’t true. While bankruptcy may be the most well-known way that businesses deal with significant...
Last modified: April 3rd, 2018 by Licensed Insolvency Trustee
Are creditors threatening collections or legal action? Struggling small businesses can fall behind on payments to suppliers or other creditors. They may also get into disputes with suppliers and creditors which can result in legal action. Calls from collection...
