I have had over 27 years of experience dealing with businesses and individuals in financial crises. I have seen similar mistakes happening over and over again.
Like your own health, early diagnosis can avoid costly remedies or worse in the future.
"Asking for help isn't a sign of weakness, it's a sign of strength because it shows you have the courage to admit when you don't know something, and that then allows you to learn something new." BARACK OBAMA, National Address to America's Schoolchildren, 8 Sep, 2009
“He who is afraid of asking is ashamed of learning.” Danish proverb
Act now! The pain will only get worse if you don't act now.
We can provide a cost effective diagnosis of the issues and advise on the options available. We will provide you with an honest prognosis of your financial viability.
Sometimes a creditors' voluntary liquidation or voluntary administration is the most effective tool for minmising the pain in the long run for corporate entites.
In the case of a personal financial crises sometimes bankruptcy is the only way to get a fresh start although with some pain in the short term. In rare circumstances where there may be a third party prepared to contribute a significant amount upfront a Personal Insolvency Agreement may be a remedy.