insolvency advice for sole traders
Sole traders do not have the limited liability protection from insolvency that companies enjoy. Expert advice is therefore especially important to protect home, business, personal assets and future earning potential.
In serious situations, the typical insolvency options would include bankruptcy or a trading IVA (an Individual Voluntary Arrangement designed for sole traders).
disclamerFREE one hour consultation with Cornwall’s only specialist Insolvency Lawyer and licensed Insolvency Practitioner. Tel:01234 567890 Frequently, though, there is no fundamental problem with the business – perhaps it is a temporary cashflow issue – and this is often where an Insolvency Solicitor can help to keep you trading; negotiating with creditors on your behalf… even avoiding insolvency proceedings altogether.
The key to maximising your chances spot a problem early... and respond fast.
Because brains Solicitor Martyn Evans is both an experienced Insolvency Solicitor and a fully qualified Insolvency Practitioner, he is uniquely placed within Cornwall to help you work quickly through both sets of options.
Call now, and he’ll meet you within 48 hours at a choice of Cornish locations, free of charge, to get the ball rolling.