When & Where
2nd Sep - Red Cow Moran Hotel(Dublin) 6pm-8.30pm
4th Sep - Strand Hotel (Limerick) 9.30am-12.00 noon
4th Sep - Silversprings Hotel (Cork) 5.30-8.00pm
10th Sep - Clarion Hotel (Sligo) 5.30-8.00pm
11th Sep - Bewleys Hotel (Dub Airport) 6pm-8.30pm
DEBT RESTRUCTURING SEMINARS
Banks are negotiating.
Banks are writing off loans.
- What do Bank needs to see when restructuring your debt?
- What are the main restructuring issues?
- What are the Settlement criteria?
- Different Banks, different approach?
At the FREE ISME Skillnet Debt Restructuring Seminars, we have 3 experts who will discuss Business Debt, Personal Debt and how to prepare a Strategy for dealing with Banks & Creditors.
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Business Debt Resolution - Eilis Quinlan – Principal, Quinlan & Co. Chartered Certified Accountants.
In this section, Eilis will set out the stages of a Business / corporate debt restructuring plan.
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Personal Debt Resolution - Eugene McDarby – Personal Insolvency Practitioner, UHY Personal & Corporate Insolvency Solutions Ltd.
Eugene will discuss all the options for personal debt resolution, either an informal scheme of arrangement or a formal scheme of arrangement for the discharge of liabilities.
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Preparing a Strategy - John O'Callaghan – Head of Banking Advisory, Evanna Project Solutions.
John will explain what a clear banking and creditor communications strategy is and how to strategically manage your SME & Personal Bank relationship towards a voluntary debt restructuring and resolution outcome.
- The seminar will conclude with a panel discussion chaired by ISME CEO, Mark Fielding.
These seminars are Free of Charge but Registration is Essential as numbers are limited.
Learn what an appropriate restructuring plan should include:
- Assessment of your financial situation.
- Impact on your ability to service your debt.
- Covenants in loan agreements, particularly personal guarantees.
- What options can be proposed to your bank to restructure your debt?
- What is the likely response from your bank?
- Options available to your business to restructure your debt.
- Presentation and negotiation with the bank(s) and other creditors.
Where recovery actions are limited then we need to consider the complex processes of insolvency, including:
- Personal insolvency
- Examinership
- Receivership
- Liquidation
- An informal scheme of arrangement to assist you in restructuring or reducing the amount payable over an agreed period of time.
- A formal scheme of arrangement for the discharge of your liabilities which is court approved when the repayment proposals are agreed by at least 60% of the creditors.