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Wrong. There's a whole section in the insolvency legislation about "preferences". In practice this means that payments to friends can sometimes be claimed back. Before you lose all those friends, get your facts straight and talk to Dodd

Informal solutions

Not all financial crises need end up as formal insolvency situations.

There can be a huge number of possibilities to help struggling businesses by some sort of rescue or restructuring procedure. Remember that Dodd Rescue is backed up by Dodd & Co Limited (Chartered Accountants) which offers a huge resource and wealth of experience in advising the SME sector. This makes Dodd Rescue ideally placed to advise you if you find yourself in a financial crisis.  We are truly objective; we can advise you on both the insolvency route or the recovery route and you can feel confident that we have your best interests at heart.

To find out more about how we can help please call either Carol, Jackie or Jeanette on 01768 864466.