WHEN IT’S NO LONGER BUSINESS AS USUAL,
Commercial Debt
Restructuring Services
COMMERCIAL RESTRUCTURE STRATEGY
THE COMMERCIAL RESTRUCTURE PROCESS
When Directors of a company with financial difficulties believe that the business can continue a restructure may resolve the financial pressure.
If the company is eligible for the process a restructuring practitioner is appointed.
The restructuring practitioner will assess the company’s financial circumstances and the operational and financial structure of the company.
The restructuring practitioner will identify options to both settle outstanding debts and allow the company to continue trading.
A restructuring plan and proposal may be presented to company creditors for approval.
A recovery strategy is not an option for all businesses suffering financial difficulty. In some cases, a formal insolvency appointment may provide the most appropriate solution.
At Corporate Lifeline our specialist Business Recovery and Insolvency team of official Liquidators and registered trustees in Bankruptcy can provide advice and accept appointments in all corporate insolvency matters. For advice and help contact us today by clicking the button below.
OUR COMMERCIAL RESTRUCTURE STRATEGY SERVICES
At Corporate Lifeline we have an array of services to cater to any phase your business is in financially.
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If you find yourself in a situation where you need financial advice for your business, let us help you.