Debt Advisory Services advised me on the sale of my business, a nursing agency which was bought out of Administration saving all 7 jobs.
My business specialised in providing healthcare professionals for the public and private sector and supplied registered general and mental health nursing staff, together with unqualified support and ancillary staff, to private hospitals and care homes.
I called Debt Advisory Services after suffering from a fall in turnover, which left my business struggling to meet unsustainable historic legacy debt. The company had also been issued a winding-up petition from HMRC.
Debt Advisory Services appointed Administrators and concluded the sale of the business and assets for an undisclosed sum and saved seven permanent jobs as well as numerous temporary agency staff.
This means the business has a new future moving forward.
The professional and confidential services of Debt Advisory Services provided me was greatly appreciated.
My business suffered a large bad debt that accounted for 50% of my trade. I thought I may be able to trade through but needed reassurance. I contacted Debt Advisory Services and a qualified representative was able to see me the very next day. Debt Advisory Services advised that I needed to propose a CVA until I found new customers. The CVA was successful clearing my old debts and I am now trading solvently. Debt Advisory even advised on marketing and offered advice on finding new customers.
Debt Advisory Services really helped my business. We were facing so much creditor pressure and the loss of 15 jobs. Debt Advisory Service gave me clear advice and we were able to continue to trade. This enabled us to save 15 jobs and have a sound business future.
I could not find a solution to my personal credit card and loans and the repayments were more than my income. I contacted Debt Advisory Services who contacted me straight away and visited me the day after my initial enquiry. Debt Advisory Services proposed an IVA and reduced my monthly debt payments by 80%. I am now in a plan and my personal finances are now looking great.
My business had become insolvent and my bank had become aggressive threatening to remove my overdraft which would have closed the business. I contacted Debt Advisory Services and they negotiated with my bank and restructured my business. The service that Debt Advisory Services provided was so professional and all my meetings were face to face. I could not recommend them highly enough.
I had built up large debt from a previous marriage due to my ex-husband’s drinking and gambling problems. I had no equity in my property and other assets. I was unsure which way to turn until I found Debt Advisory Services. An IVA was not viable and Bankruptcy the only option. Debt Advisory Services helped me complete all the paperwork for Bankruptcy and even attended the court with me for the Bankruptcy hearing which without them I don’t think I could’ve attended on my own.