Friend or Foe

Friend or Foe? You Decide – Insolvency Practitioners

A very old joke proving insolvency practitioners have not ever really been seen as the businessman’s friend. So I suppose it’s a sign of the times that attitudes are changing.

A smart looking businessman walked into a bar with an alligator under his arm and asked the bartender; ‘Do you serve insolvency practitioners here’. ‘Yes’, said the bartender. ‘Good’, said the man, ‘In that case I’ll have a double whiskey and an insolvency practitioner for my alligator’.

A very old joke proving insolvency practitioners have not ever really been seen as the businessman’s friend. So I suppose it’s a sign of the times that attitudes are changing. Each and every day more and more people are turning to these professional bodies seeking help and advice regarding subject ranging from business recovery to liquidation.

I have been here at Wilson Field Insolvency Practitioners and Business Recovery Specialist for just over 14 months, mainly as an outbound calls advisor. On occasions, I have taken inbound calls from people requesting advice on subjects such as bankruptcy, insolvency and liquidation. Through my daily duties I come across many sole traders asking advice and help on how we as a company, could help their businesses from creditor pressure. In the most of the cases I offer advice regarding individual voluntary arrangements.

I have noticed over recent months a massive change in attitude towards my calls. Now there is a lot less hostility in the answering of my questions, the need for quality and professional advice is a must for the modern businessman. And at last I think the message is getting through to them.

Author: Dave Smith

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