Ward Hadaway has represented North East online company, Honcho Markets Ltd, on its latest funding round.
It is an unfortunate fact of life that incurring bad debt is an inevitable outcome of providing credit.
When a debtor fails to pay or becomes insolvent, it is important that a creditor does what it can to maximise recovery and minimise its loss.
We have extensive contacts throughout the country with Insolvency Practitioners. This means that we can quickly get to the nub of the issue which is concerning the creditor and obtain answers that they may find difficult to obtain without such a range of contacts.
Where there is large exposure, we can attend or arrange attendance at creditors’ meetings and forcefully explain creditors’ views if necessary and obtain answers from directors.
To find out more about how we can help you, please get in touch.