Many businesses that have failed could have been rescued had the underlying problems been recognised earlier and the appropriate action taken.
McCabe Ford Williams is called upon daily to advise both large and small businesses who are experiencing financial worries in one form or another. Our involvement can mean the saving of a business, if we are contacted in time.
Our advice extends to:
Corporate
- Company Voluntary Arrangements
- Administration
- Receiverships
- Liquidations for corporate bodies
Personal
- Company Voluntary Arrangements
- Voluntary Arrangements
- Bankruptcy
Where a bad debt arises we can arrange representation at statutory meetings of creditors, to look after the client creditors' best interests to provide a swift report on the proceedings and, in particular, ascertain the the client's prospects of recovery. We also advise on procedures to adopt when bad debts are anticipated.
We can advise directors on their duties and responsibilities, especially the legal implications of continuing to trade when the company is deemed to be insolvent.
Insolvency Practitioners
As well as being Chartered Accountants, some of the MFW partners are Licensed Insolvency Practitioners and therefore qualified to handle all types of insolvency work.
For further information, contact any of the MFW staff on the right.