Is your business facing financial difficulty and you don't know what to do? Don't worry, take our test to see which option might be best for you - it only takes a few minutes! I would like to express our thanks to you and your staff, for the excellent way you have helped us with our financial difficulties.
Your staff were both professional and approachable and always had time to deal with all our questions throughout the stressful times. I can honestly say, that the IVA process, although sounding daunting, has been made so much easier with the professional and caring help that we have had from CRG Insolvency.
Your staff were both professional and approachable and always had time to deal with all our questions throughout the stressful times. I can honestly say, that the IVA process, although sounding daunting, has been made so much easier with the professional and caring help that we have had from CRG Insolvency.
Services
We are a licensed insolvency practice based in Lincolnshire but providing insolvency advice for clients across the UK. With over 75 years experience we provide you or your company with honest and practical advice whilst maintaining a personal service.
Whatever your situation, we will treat you with the utmost compassion and sensitivity and give you practical options that will get you through the other side of your debt because - yes - there is another side.We only hire people that add value to the team. We do not just hire great administrators but people with passion to help others at what can be a very worrying period.
Whatever your situation, we will treat you with the utmost compassion and sensitivity and give you practical options that will get you through the other side of your debt because - yes - there is another side.We only hire people that add value to the team. We do not just hire great administrators but people with passion to help others at what can be a very worrying period.
We offer a variety of services from general advice through to formal insolvency. We act on behalf of individuals, companies, directors, shareholders, creditors and banks to provide the the best solution for you. We aim to take off the pressure through professional and realistic advice so you can focus on moving forward through this cloudy period.
It is a natural human reaction when faced with debt or business insolvency to avoid discussing the problem. If it is a business facing financial problems there is the added strain of keeping up appearances for employees, suppliers and customers. Many people believe that Insolvency Advisors are only called once a company has actually become insolvent, but this isn't the case.
CVL is the most common type of insolvency, as you can liquidate your limited company (also called 'winding up'), whereby the company will cease trading and employing people. Through the liquidation, the assets are used to pay off its debts with any remaining funds (if any) going to its shareholders.
An MVL is a formal process that allows you to liquidate your solvent (i.e. it can pay its debts) company. This is ideal for someone looking to retire or simply not wanting to run the business anymore as it allows the remaining assets to be distributed accordingly to shareholders, including cash at bank, whilst at the same time possibly being able to obtain Entrepreneurs Relief.
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