Am I going to be charged with insolvent trading? – I am really scared of thisDecember 21st, 2015
Am I going to be charged with insolvent trading? – I am really scared of this
This is the number 1 question that we are asked by clients.
In the 15 plus years that I have been involved in the insolvency industry – I think I have seen 1 x insolvent trading claim go through to completion and a Director being charged for insolvent trading.
In reality – Insolvent Trading is a very complicated and costly action for a Liquidator to pursue. There needs to be strong evidence of insolvent trading, and a good commercial reason to pursue this course of action. Most insolvent trading claims are settled due to the complexities involved.
Whilst no-one wants to have the fear of this happening to them – the best course of action is to get on the front foot early – get some advice around your company, and if you believe the company insolvent, take action quickly.
Give us a call – and we can talk to you about the right solution for what your company is going through.
Get Free Expert Advice Now
Regardless of what you’re currently facing, the first step is to discuss your situation with a qualified expert today, so you can make the right decisions moving forward. But don’t delay. The faster you act on your own behalf and take charge of the situation, the better your outcome could be. It’s FREE to talk with us, so why wait?
Click here to contact us or call us now on 1300 789 499.
If Your Business Finances Are Out Of Control, We Can Help.
Call us on 1300 905 107 or Click Here For More Information.
Latest posts by David Hill (see all)
- Biggest Business Collapses and Voluntary Administrations of 2018 - March 8, 2019
- A Guide to Receivership - March 6, 2019
- Why Should Your Business Invest in Legal Advice? - March 4, 2019