Pre Pack Administration Process

We provide a national and independent service for Directors. Our main focus is to protect directors from personal exposure and to make our service as transparent and smooth as possible. Our service is designed to meet all the demanding legal requirements and is 100% confidential.

1. Viability screening

We provide each client with a free telephone. The purpose of which is to assess the merits and feasibility of pre-pack administration.

2. Valuation estimate

We will visit you to conduct an estimate and valuation of the company assets and undertaking. We will use this to assess the improvement that would be made to your financial position via a pre-pack, CVA or Liquidation (as required).

3. Personal guarantees

We will help to establish and determine your personal exposure and will (as required) negotiate with your commercial lenders to set up acceptable repayment terms for any personal guarantees you have issued.

4. Negotiation

We will be instrumental in negotiating an agreement on your behalf with a leading insolvency practitioner. The Insolvency Practitioner we appoint shall be approved by banks and other key stakeholders such as debenture holders and financial brokers.

5. No commitment

Until the time that you instruct us to act on your behalf there will be no costs or obligations expected or placed upon you. It is your entitlement to end negotiations at any point. We promise to make clear our fees before any commitment is required from you.

6. Formation of a phoenix company

If you decide to sign-up for pre-packaged administration we support you through the process of transferring your company to a new phoenix company.

So let us guide you through the Insolvency arena and help you establish and set up a new and viable business venture.

Read "Pre Pack Code of Practice" Next »

Read More on Pre Pack Administration

Links to other pages within expresstaxsolutions.com which are related to Pre Pack Administration:

• Pre Pack Administration
• Pre Pack Code of Practice
• Pre Pack Funding
• Pre Pack Administration FAQ's
• Pre Pack Administration Case Studies