Owen Morris Partnership
What happens when your customers or suppliers are in difficulty?
Dealing with Debt - a new online guide from The Fish Partnership
In the current challenging market conditions, many companies are facing problems with late or
non-paying customers.
It can be difficult to know what to do if you believe a customer or supplier may be in difficulty.
That’s why we have added a new guide entitled, Dealing with Debt, to our Resource Centre.
The guide is available as a free download, and brings together all the measures you can take if either a customer or supplier becomes insolvent.
We look at what happens when a company goes into administration and the alternative scenarios which can follow, depending on whether the company can be rescued or not.
We also compare the different types of liquidation possible - compulsory liquidation and Creditors’
Voluntary Liquidation.
