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What does getting insolvency advice actually mean?

Published: 07/03/2022 By Hannah McCormack

Many people think insolvency practitioners just deal with liquidation and closing companies down but that is far from the case. When you get in touch with the insolvency team here at turpin barker armstrong our first job is to understand your situation and see how we can provide a bespoke solution that is tailored exactly to you and your business. In the first instance, Turnaround and Rescue is our main aim when speaking to anyone requesting insolvency advice, unless it's glaringly obvious a company closure is needed or requested. We often find directors say they wish they had come to us sooner as the thought of getting insolvency advice is much scarier than actually doing it.
We have pages on our website dedicated to each of the insolvency procedures we can assist with, including our restructuring a company page which has many options such as company administration, voluntary arrangements to name but a few. We will go through all the options available to you. Not all of our advice is chargeable as some calls to us result in nothing more than a friendly chat with a bit of sound insolvency advice which provides directors with a different view on things; then with a bit of restructure the business is bouncing back.  

If you are in any doubt, give us a call, the first meeting is free of charge, there is no obligations to commit to anything and we welcome you to get other professional opinions (just ensure you are getting advice from a legitimate source) to put your mind at ease.

Call us on 020 8661 7878 or fill out our contact form here to have one of our professional insolvency practitioners call you back to give you some all-important insolvency advice