It's tempting to wait and see if things get better - but if they don't, you could actually be making things even worse by delaying. Insolvency concerns complex and involved issues.  It would be very easy for a director of an insolvent company to commit criminal offences without even realising, so proper professional advice should always be sought. 

The sooner you start to manage the situation, the better for everyone involved. That doesn't just mean you - it could mean your family, your employees, and your creditors. Other people and other businesses can be surprisingly understanding, as long as you keep them informed. Sometimes it is possible to come to an arrangement with creditors and employees which is helpful to everyone - but the key thing is keeping them in the loop, being truthful, and staying positive.

We try to be straightforward and positive at ThorntonRones, too. The last thing you need at a time like this is someone who just OBFUSCATES things (see what we mean?) Your first consultation - either by phone or in person - is free. After that, if you want to go forward with us, we'll put together a plan of action and agree fees in advance. No nasty surprises.

So you've got nothing to lose and everything to gain by talking to us. We aren't judgemental, because we deal with situations like yours all day, every day. So give us a call.