Personal Recovery
Working out complex issues
In the current economic climate there are many stressed financial situations that need unique and resolvable approaches to solving the issues. At Baker Tilly Ryan Glennon we look on these challenges from a positive point of view and we call it Personal Recovery. Our challenge is to get the individual back out there and successfully getting on with their life.
We have several services in this area including:
- Personal Restructuring
- Personal Insolvency
Personal Insolvency
When all the above options have been explored and discounted we can make the formal steps to Personal Insolvency. This is not the end of the road – there are limitations - but we can assist in exploring the options available and devise a strategy for recovery going forward.
Personal Restructuring
We assess the personal indebtedness by carrying out a due diligence and review of the individual’s personal circumstances. We have experience in dealing with complex structures and assessing the taxation considerations in any change of circumstances or ownership structure.
There are several options and we will recommend the most suitable course for each individual:
- Restructure Strategies
- “Workout” Plans
- Business Planning Assurance Reviews
- Funding Sources and Cash Flow Planning
We also offer forensic accounting & litigation support which may be required in the above cases.
