What are the opening hours?

Monday 9am - 5pm Tuesday 9am - 5pm Wednesday 9am - 5pm Thursday 9am - 5pm Friday 9am - 5pm

Herron Fisher

Home
United Kingdom
Croydon
Herron Fisher

Herron Fisher undertake all aspects of corporate and personal recovery and insolvency work, as well as helping to turn around under-performing businesses.

We offer initial consultations free of charge and without obligation.

19/11/2021

What is a Company Voluntary Arrangement (CVA)?

A CVA is a process which is a useful tool when a company has a prospect of continuing in some form in order to repay its creditors either in full or in part. To do this a proposal is put to the creditors. It needs to be a viable option for both the creditors and the company. Creditors must agree to the proposal.

This is one of various options available to a company and it is imperative to speak to an insolvency practitioner as they will advise you of the best option to take to understand all the options available.

Give us a call on 020 8688 2100 or 01323 723643 to discuss any questions you may have.

17/11/2021

What is a Creditor’s Voluntary Liquidation (CVL)?

A CVL (usually simply known as a liquidation) is a process whereby the business comes to an end and its assets are liquidated to pay creditors if possible. This process is initiated by the company directors and shareholders – hence the word voluntary, although of course, directors do this because they have to not because they want to.

Once a director is aware that their company is facing financial issues they should take professional advice from an insolvency practitioner.

A CVL is one of many insolvency processes; however, there are other processes that may be more appropriate and an insolvency practitioner can advise on the alternatives.

To discuss individual circumstances please give us a call on 020 8688 2100 or 01323 723643.

15/11/2021

Why should you seek advice from an insolvency practitioner for your personal financial situation?

Asking a friend or family member who may have gone through a similar financial situation may seem like a good idea for advice at first; however, they are not experienced, qualified or regulated.

What may seem like good advice could put you in a worse place if followed. Everyone is different and what is right for one, is not necessarily right for another.

Therefore, it is important to seek advice from an insolvency practitioner who knows what to do in any financial circumstance. They will also be able to help you through the full process.

Please give us a call on 020 8688 2100 or 01323 723643 for further information.

12/11/2021

Why should you seek advice from an insolvency practitioner for your personal financial situation?

If someone in a large amount of debt and has no current way to pay it off, putting them into deeper financial stress, then seeking advice from an insolvency practitioner is the way to go.

With full experience in the field, we will be able to offer help and direction, getting them back on their feet.

Please give us a call on 020 8688 2100 or 01323 723643 for further information.

10/11/2021

Why should you seek advice from an insolvency practitioner for your business?

Do you know a business that is struggling financially? The worst thing a director can do is try to tackle the situation on their own with no advice. Doing this could be detrimental to the business and expose the director to personal risk.

Directors generally do not have experience in insolvency and restructuring and therefore could fall foul of many things.

Seeking advice from an insolvency practitioner as early as possible will mean that the company will have more options open to it.

Please give us a call on 020 8688 2100 or 01323 723643 for confidential advice.

08/11/2021

Why should you seek advice from an insolvency practitioner for your business?

An insolvency practitioner helps both businesses and individuals who are struggling financially. They are fully qualified and regulated so they can give you the appropriate advice on how to move forward with your situation.

It is really important to get qualified advice so that you do the best thing; mistakes can be costly and many cannot be undone.

Please give us a call on 020 8688 2100 or 01323 723643 or visit our website at https://bit.ly/2Wm02WU for further information.

05/11/2021

Q3’s Personal Insolvency Statistics.

Personal insolvencies decreased by 1.8% to 26,758 in Q3 2021, compared to Q2 2021’s figures of 27,252.

Personal insolvencies were also 32.5% higher than Q3 2020’s figures of 20,194.

The Government support scheme has helped a lot of people during the pandemic; however, many have still relied on using their savings accounts to keep them going. Now that the scheme is over, are people able to cover their bills and debts?

To discuss any individual circumstance please give us a call on 020 8688 2100 or 01323723643 for a confidential, no obligation chat.

03/11/2021

Q3’s Corporate Insolvency Statistics.

Corporate insolvencies totalled 3765 in Q3 2021, which is a 16.7% increase compared to Q2 2021’s figures of 3,226.

Corporate insolvencies increased by 43.5% compared to Q3 2020’s figures of 2,624.

There is no doubt that the Government has helped many businesses across the UK stay afloat through the pandemic, however, now that support schemes are coming to an end, are your clients’ businesses stable enough to continue trading?

To discuss any situation please give us a call on 020 8688 2100 or 01323 723643

01/11/2021

What is an Individual Voluntary Arrangement (IVA)?

An IVA is an arrangement with an individual’s creditors to repay some or all of their debt over a period of time. The creditors must agree to the proposal. The proposal will usually offer a better return to the creditors than they would receive in a bankruptcy.

For an individual it should be a better alternative than a bankruptcy and can be a very useful process especially when someone owns their own home.

To discuss all the options available it is essential to speak to an insolvency practitioner for advice as soon as possible.

Give us a call on 020 8688 2100 or 01323 723643

29/10/2021

Here at Herron Fisher, we pride ourselves on delivering only the best service and advice. Helping people and businesses get back on their feet is our key goal here, which has resulted in many happy clients over the years. Here is a recent testimonial:

“Thank you very much for all your help and many congratulations for a first class piece of detective work. I am so grateful to you - what a team effort.”

To discuss your individual circumstances please give us a call on 020 8688 2100 or 01323 723643 or visit our website at https://bit.ly/3w4yXs8

# insolvencypractitioners

15/10/2021

My Business Has Made Substantial Losses Over Lockdown and I Have a Government Loan but Cannot Repay It, What Do I Do?

If you have taken out a government backed loan for your business, such as a bounce-back loan, and you are required to start paying it back but cannot afford to pay it, then we recommend getting in touch with us.

We will then be able to talk you through the best options available.

If you are currently in this predicament then please give us a call on 020 8688 2100 or 01323 723643 or visit our website at https://bit.ly/2Wm02WU and we will be able to help.

13/10/2021

How Do I Approach People I Owe Money To? Suppliers etc?

When things get difficult and deadlines are missed for paying suppliers and other businesses you owe money to, they may start calling you.

If you decide to put your business through an insolvency process with us, then it is our job to contact all your suppliers and other creditors to tell them the whole situation.

If you need more advice on insolvency then please give us a call on 020 8688 2100 or 01323 723643 or visit our website at https://bit.ly/2Wm02WU

Address

Satago Cottage, 360a Brighton Road
Croydon
CR26AL

Opening Hours

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 5pm

Website

https://www.herronfisher.co.uk/contact-us

Alerts

Be the first to know and let us send you an email when Herron Fisher posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Herron Fisher:

Shortcuts

Want your business to be the top-listed Finance Company in Croydon?