Corporate Director Protection
Neuffer Consulting Group
Corporate Director Protection Services
Before contemplating an insolvency procedure, a prudent strategy is to precisely update your business’s financial position. This would include books, records, accounts and finance agreements being assessed before your insolvency application could be progressed further.
This is conducted to ensure that you, as the director, are aware of the consequences of insolvency before entering into an insolvency solution.
The most common example would be for a director to appreciate the stance of his/her director’s loan upon entering Liquidation.
Solutions available:
- Creditor Voluntary Liquidation (CVL) – Buy Back Your Assets
- Company Voluntary Arrangement (CVA) – Payback What the Business Can Afford Over numerous Years
- Administration – Put Your Business Into a Deep Freeze to Enable a Solution
Neuffer can also help Directors negotiate settlements with Office Holders where claims have arisen due to placing a previous business into Liquidation or Administration.
We understand the different type of claims a director can be pursued for and how to obtain reasonable settlements.
Furthermore, we can also assist in negotiating settlements where personal guarantees and overdrawn loan accounts are being called upon.
How we can help Company Directors?
- Planning for Insolvency – Is your business in trouble, not sure where you stand?
- Personal Guarantee Negotiation – Need help negotiating a personal guarantee or loan?
- Debt Forgiveness – Have you been left with a property in negative equity?
- Lease Disputes – Is your existing or previous landlord creating obstacles?
- Director Loan Disputes – Are you being pursued for claims arising from a liquidated company?