Received a Statutory Demand or CCJ?
If you have received a statutory demand or CCJ this may have severe implications on your business or cause major cashflow concerns.
However one of the best ways to counter pressure from creditors is to liaise with them and endeavour to arrange a repayment of the debt at a level you can afford.
If repayment terms being offered are reasonable, ordinarily creditors may be willing to agree to an informal repayment agreement.
If creditors are unwilling to agree to a repayment offer it may be wise to seek the assistance of a Licensed Insolvency Practitioner, in order to weigh up all options.
There are various arrangements available which may assist with your circumstances such as:
• Exploring refinancing as a means to repay your debts.
• Company Voluntary Arrangement (CVA)
• Exploring avenues to rescue your business
• Taking control of the closure of your company
We at Keywood Group are happy help and liaise with your creditors providing an element of impartiality and independence in order to take the emotion out of potentially strained relationships between you and your creditors.
Act Now to Deal with Creditor Pressure and give us a call
