Act quickly and effectively

The same applies if you find yourself running into financial difficulties: you need to act quickly and effectively, asking yourself questions such as: Is your business model still appropriate? Have your problems been caused by the state of the economy or are they more structural in nature? Do you have access to enough credit? Are you dependent on short-term loans? Do you have too many people on your payroll who are not doing enough work? What’s the state of your relationship with key players such as banks and suppliers? 

If you don’t act swiftly, you may find yourself forced to take draconian measures in the end, such as a suspension of payments or bankruptcy proceedings followed by the relaunch of your business. If you don’t take swift action or the right action, you will lose control of your own destiny and it will be either a bank or one of your suppliers who decides what happens to your business.

what our clients say about us

Thanks to Harjo and Kelly, we opted for bankruptcy in time. It was not an easy decision, but ultimately it was the best choice for both the company and the staff. Because of them, we knew exactly what to do in this difficult situation.

Penny BuurmanBuurman & Buurman

Why should you contact our insolvency law lawyers?

Our lawyers are there to help in emergencies. They know not just what needs to be done, but when and where. As the members of our Insolvency Practice Group regularly act as receivers in bankruptcies, they are ideally placed to help you prevent your company from being declared bankrupt or going into liquidation.

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