BANKRUPTCY / PERSONAL INSOLVENCY
If you’re an individual facing financial difficulties and you can’t seem to find a solution to your problems on your own, kavanaghfennell can provide timely and invaluable support – and the sooner you contact us, the quicker we can help you stabilise your financial situation.
The earlier we’re involved, the more options we have to secure a workable financial settlement that will relieve your stress and return your life back to normal as soon as possible.
In the current economic environment, personal insolvency has unfortunately become a lot more prevalant due to the substancial decline in value of nearly every asset class including property investments, shares and other investments.
How can we help you?
- Negotiate a settlement with your creditors
- Prepare an "Informal Scheme of Arrangement” with your creditors
- We can advise sole traders, Directors of collapsed companies and any individual with personal liabilities
- It is also possible to prepare a formal scheme of arrangement through the Court system
Expertise?
kavanaghfennell are market leaders and specialist in the area of insolvency and have vast experience dealing with the problems faced by Directors of collapsed companies including personal guarantees and the knock on effects of corporate insolvency.
We deal with every type of creditor on a day to day basis including banks, leasing companies, trade creditors and the Revenue Commissioners.
Creditors are generally encouraged to see the involvement of an independent professional accountant.
Creditors will appreciate honest and open dialogue throughout the process.
How kavanaghfennell can help?
If you are worried about your own financial position or you are facing personal insolvency, please contact either Kenneth Tyrrell or Mícheál Leydon on 01-2060800, or ktyrrell@kavanaghfennell.ie or mleydon@kavanaghfennell.ie for a free initial consultation.
All queries will be dealt with the utmost confidentiality.