You’re not alone. You may never have had debt problems before. Your company may always have been able to pay its bills until now. It may have crept up on you, and before you knew it you were getting letters with red ink and visits from bailiffs or high court enforcements agents. The money worries expand into other worries. You have now moved into a world that you can see no way out of, and don’t know who to turn to.
There are lots of people and companies who have been in that situation before, and Carmichael & Co has been able to help them deal with their debt worries. Having sorted out their financial problems, with the pressure lifted the world doesn’t look so bad.
As you will see, though, some people do the wrong thing and Carmichael & Co is appointed to tidy up the mess. We often look at these cases and think that everyone would have been better off if the bankrupt had not gone bankrupt, or the company director had paid back the company without us needing to be involved.
We spend almost as much time telling people how to avoid needing to formally instruct us as explaining how to put their company into liquidation.
Since every case is different we tailor make our solutions to fit your problem (rather than forcing your problem to fit our solutions), this section shows just a few of the ways we have helped debtors, creditors and companies even when they have not helped themselves.
All of these are true stories, real amounts, with just the names shortened. One of the people even phoned to ask if it really was him!
Not managing with a debt management plan
The debt laden dentist
New shopping centre led to financial problems
Personal Appearances led to a personal guarantee
When your health is more important than your company
Paying back Dividends and an Overdrawn Loan Account
Paying for liquidation if you can’t afford it
When insolvency isn’t the answer
Carmichael & Co has experience dealing with the insolvencies of people and companies from the following trades: accountants, barristers, builders, bus drivers, civil servants, dentists, doctors, electricians, engineers, firemen, football clubs, gardeners, glaziers, health clubs, house-husbands, housewives, independent financial advisers, jewellers, lifestyle coaches, mechanics, nurses, printers, property developers, pubs, restaurants, scientists, shops, solicitors, supermarket workers and truck drivers to name just some.