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When things aren’t perhaps going as well as you would like, we can provide you with specialist advice around debt restructuring and negotiation. Our licensed advisors can help you all aspects of the process and will work for you to minimise the impact upon you, your business and your family.
A big observation from many years advising struggling businesses is that too often business owners leave it too late before taking advice and action to try and turn their business around. Any initial meeting with us is free and will not take up too much of your time – so what have you got to lose from giving us a call and having a free chat?
For business owners where insolvency is unavoidable we can offer a fixed price quote to carry out the winding up of your company or advise your options for saving part of your business in the event of insolvency.
A Trust Deed is a voluntary, yet legally binding agreement between an individual and their unsecured creditors. Normally, in return for agreeing to pay a monthly contribution from your income for a set period of time and your assets your creditors will agree to write off your debts.
The Debt Arrangement Scheme is designed to help debtors to pay their debts by giving them more time to pay without hassle or threat of court action from their creditors. DAS freezes interest, fees and charges on your debts from the date the DAS payment programme application is made.
Contact us at restructure@nicolsonaccountancy.co.uk