Dealing with Business Debt

Dealing with Business Debt

If there is one thing that all businesses would give anything to avoid, it would have to be bad debts. Debt never signifies good news for a company, and the liquidation and the bankruptcy of a company is almost always due to too much debt that can’t be repaid. Not...
When Examinership Can Be To Your Benefit

When Examinership Can Be To Your Benefit

When you come to the point that your business is experiencing insolvency, the courts may determine that you need help due to your company’s financial status, and though examinership can be helpful, you should remember that an examiner is appointed by the court and you...
What Should I Do If I Receive A Statutory Demand?

What Should I Do If I Receive A Statutory Demand?

The very first thing you must do when receiving a statutory demand is pay attention. statutory demand IrelandThis is not something you can ignore or even put off for another day, these demands must be answered in a timely manner. A statutory demand is initiated by a...
Why You Would Liquidate Your Company

Why You Would Liquidate Your Company

In today’s shaky Irish economy it is becoming far more common for a company to experience financial difficulties. It is the nature of running a business to have a need find ways to generate more funds. The traditional route for companies has always been to apply for...
When Insolvency Can Be To Your Benefit

When Insolvency Can Be To Your Benefit

Although it sounds like a ridiculous statement, it is indeed true – you can turn insolvency to your benefit. Business insolvency could mean a fresh new start for a sinking company. When a business lacks the ability to pay off its mountain of debts from different...