Written by Condon Associates on 6 October 2009

Lately we have had an increase in the number of calls from people that have not taken any action when they have received correspondence from a solicitor. This correspondence has related to the fact that their company is either being wound-up or they are being bankrupted

I can assure you that in these situations reality truly strikes when you are contacted by an appointee, so you can’t bury your head in the sand!

While many appointees are decent people, some have an approach and method that leaves much to be desired. This can be from an impolite and unprofessional approach to making demands that while achievable may not be correct or appropriate for the circumstances at hand.

Seeking additional advice at this juncture simply adds a further burden of cost to the matter. This often isn’t ideal as the person involved is usually already struggling for funds.

Like most things in life, the old saying “prior preparation and planning prevent poor performance” rings true. And it will certainly improve how you cope with the situation ahead, both mentally and financially.

Regardless of how bad you perceive the situation to be, take positive action and deal with it, do not wait for someone else – like a rampant creditor — to take control.

By listening to and following an expert you will know that you are dealing with someone who is rational, compliant with the legislation and can communicate reasonably.