Insolvency and Restructuring
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This is for businesses looking for advice on insolvency and restructuring.
Insolvency is when a company is no longer able to pay their debts, or another explanation, is that their liabilities exceed value of assets. When a company becomes insolvent, they are usually places into liquidation or administration. This is commonly handled by an Insolvency Practitioner. They may also be able to assist in turn around, by designing a strategy for the business to help them pay off debts.