SERVICES

Insolvency
In times of financial uncertainty for either a company or individual, it is sometimes difficult to take an objective look and find a resolution that will maximise the outcomes for the relevant stakeholders.

For businesses it is our policy to evaluate the prospects to trade out of its financial difficulties before considering the option of a formal corporate insolvency administration. In some circumstances a particular form of insolvency administration may assist in the business returning to solvency and this is always kept in mind.

For individuals we will explore other solutions before consideration is given to recommending bankruptcy. Our team is aware of the fresh start provided by bankruptcy to a person but we are also mindful of the creditors' need to recover their debts. At Cranstoun & Hussein we see bankruptcy as a last resort.

At Cranstoun & Hussein our team has experience in all forms of insolvency appointments both corporate and personal and in a diverse range of industries.

We offer a free initial consultation where we will give you an assessment of your current financial position and the options available to you.

We can take appointments and offer services in the following areas:

Corporate

• Liquidation (both Court Appointed and Voluntary)
• Voluntary Administration and Deed of Company Arrangement
• Receiver and Manager

Personal

• Trustee of Bankruptcy Administration
• Personal Insolvency Agreements under Part X of the Bankruptcy Act
• Debt Agreements under Part IX of the Bankruptcy Act
• Statutory Trusteeship under the Property Law Act
• Receiver under the Partnership Act