Company liquidation: right or not?

Bankruptcy is one of the most critical issues faced by any company. In such a situation it is very important for the administration of the company to act wisely and make well thought decisions. The overall architecture of the company lies in the hands of the owner and the management who need expert advice on what to do in such situation. At insolvency guardian, our sole aim is to guide such business owners on how can they tackle the problems efficiently to overcome this situation of crisis. 

 

Bankruptcy advice:

As soon as you realize that your company is going through some kind of crisis, you should opt for bankruptcy advice from us in the initial stages itself. This would be beneficial for the business as if contacted early; the business can easily overcome the situation in no time. In most of the cases when a business contacts us in the early stages, we prepare a strategy for them and if they continue to follow it, they can easily overcome their financial crisis situation.

The stage of voluntary administration:

If the business fails to overcome or if the company fails to contact for any help, the stage of voluntary administration arises in which we provide our experienced people to take the complete administrative control of the business. During this tenure we aim at improving the financial situation of the company by implementing various possible strategies. If the business fails to overcome the financial crisis in this stage also, company liquidation is the only option left for the business.

The process of company liquidation starts from the time when the business owner declares himself as well as the company as bankrupt. The government then issues a legal checking on all the assets of the business and frees the owner from all kinds of debts.