In these challenging economic times it is essential that business owners engage suitable professionals to advise them with regard their business and in certain circumstances insolvency procedures.

Company directors can be held personally liable for company debts if they are not seen to be taking the required steps in addressing the situation.

KSA Shiels & Co. can help with this process. We are qualified in the area of insolvency and can offer the much needed advice to business owners.

There are a number of different insolvency procedures as follows:

• Creditors Voluntary Liquidation
• Court Appointed Liquidation
• Examinership
• Receivership
• Schemes of arrangement

To discuss any of these insolvency procedures please feel free to contact the office.

We also offer a Members Voluntary Liquidation service. This is a solvent liquidation and can occur for a number of reasons but can act as a tax efficient manner in extracting funds from a company.