How Can I Pay For Help When I Am In Financial Trouble?

If your company has financial problems and you need to seek advice, it is perfectly acceptable to make reasonable payments to recognised professionals that may be able to give you assistance.

Typically, these payments will be made to accountants, solicitors, financial advisors and insolvency practitioners.

The payment for advice must be specific to the company’s requirements and in its interests, even if it results in a formal insolvency.

Excessive payments may be looked at by any appointed Insolvency Practitioner to ensure that the business received reasonable value for money for the work undertaken.