ASM launches free Insolvency Guide

Do you feel your business is in financial distress?   Do you owe more than you own?   Are you unable to meet your financial obligations as they fall due?   If you are answering yes to any the above, you or your business could be insolvent and could benefit from the ASM free Insolvency Guide

Insolvency Practitioners at ASM Chartered Accountants, Ian Finnegan, Fiona Fearon and Sabrina Donnelly, ASM Newry.

Do you feel your business is in financial distress?

Do you owe more than you own?

Are you unable to meet your financial obligations as they fall due?

If you are answering yes to any the above, you or your business could be insolvent and could benefit from the ASM free Insolvency Guide

Leading accountancy practice, ASM Chartered Accountants, which has offices in Newry, Dundalk, Dublin, Dungannon, Magherafelt and Belfast is seeking to educate businesses that are facing financial distress with a free downloadable ‘Guide to Insolvency’.

Ian Finnegan, Licensed Insolvency Practitioner and director at ASM, Newry commented: “At ASM Chartered Accountants we have a vast array of experience dealing with businesses and or individuals in financial difficulty, and the one message that we try to get across from the outset is to seek help sooner rather than later, which is why we have launched this guide.

“Seeking professional help and engaging with creditors from an early stage gives you the best chance of survival.

“For personal finance, Bankruptcy is just one way of dealing with debts you cannot pay, but there are other less onerous options available.  Our Guide to Insolvency is aimed at educating both individuals and businesses on the financial options to them.

“And for the Corporate section, our team of experts have explained in detail, Liquidations, Administrations and Company Voluntary Arrangements. What these terms mean, and who they are best applicable to.”

Ian concluded, “We hope that business people will gain a better understanding of the options that are out there, and to help them realise that the most important thing to do is to take action immediately and to seek sound financial advice. Burying your head in the sand will not make the problem go away.”

For access to ASM’s free downloadable ‘Guide to Insolvency’ visit www.asmaccountants.com or call Insolvency Practitioners, Ian Finnegan or Sabrina Donnelly, ASM Newry on 028 3026 9933.

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