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Am I going to be charged with insolvent trading? – I am really scared of this

December 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.

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David Hill
David has over 15 years in the insolvency industry – advising clients through restructuring of their business. His clear, “straight up” style provides clients with a strong direction of what they need to do, and how the process will work. As importantly, he brings empathy to the process – which is essential at a “high-stress” time for clients.

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