Hi,
I am assuming that now that a bank are pulling in a very large loan and security held against it from a partnership, I should disengage and advise them to speak to an Insolvency Practitioner. Their lawyer has been trying to negotiate with the bank to this point.
This is a long story, and indeed two years ago I accompanied them to an appointment with an IP.
Replies (1)
Please login or register to join the discussion.
If they have insolvency issues yes they need advice from an IP.
But why disengage? That serves no purpose. Just proceed with caution.