Insolvency can be such a headache. It is even worse when creditors have initiated the process and taken matters to court. The thought of such a situation can be stressful. J Finn Industries steps into the situation to ensure that the process goes on smoothly.
Once you owe creditors an amount that is equal to or above $800, they are allowed to initiate the process so that the proceeds from the sale will be used to pay them. This is called involuntary or credit initiated insolvency. If the process is in its early stages, Jay Findling can provide an amicable solution by negotiating a payment plan between the creditor and your business. This negotiation could save your company and allow you to continue in operations.
Jay Findling also ensures that all the assets are accounted for. It is upon the company to track down every item, every interested buyer and get the ultimate buyer. The items are then packed and shipped from the business’ location and to the buyer’s location. You are not involved in this process. The only part that you contribute is in pricing of the equipment or assets that are on sale. Otherwise, you receive your money immediately. You are also free of any liability when it comes to packing and sending the items since the company handles this.
J Finn Industries is the largest privately owned business liquidation firm. With over 25 years of experience under their belt, the company provides the best and fairest insolvency services. With this company, you might get to live to trade another day. If the business is too affected and you have to liquidate your assets, this company is the best to choose. You are assured that the process will run smoothly and take the shortest time possible.