Corporate
Insolvency
Financial stress in business can be and can create additional distractions in a business. BPS has helped many businesses get back on track through fast-acting strategies. We have a range of services and options that our team can manage to find you the most successful outcome. We can support you through the following insolvency strategies:
Recievership
Receivership occurs when a
company is unable to pay their
debts and a creditor or court take
action to control the company's
assets.
The receiver will try andorganise for the debts to berepaid, this may result in the ...
Liquidation
A Creditors Voluntary Liquidation (CVL) takes place when a Company can no longer repay its debts,
so its members declare that it is, or will soon be, insolvent ...
Administration
Voluntary administration is when the directors of a company bring in an external administrator to help manage the company's assets during a period of financial distress.
The goal of this exercise is to maximise the company's ...