Since the beginning of the economic recession, business individuals and investors have been constantly analysing the impact the recession has had on their net worth and solvency. Many individuals have seen their property and equity investments decrease in value with some of these investments funded by borrowings that are now greater in value.

These issues have put individuals under severe financial pressure. At John McCarrick & Associates, we understand the financial pressures that individuals are under and we can help evaluate your financial position and legal obligations. As part of our recovery solution we offer a number of additional services:

• The preparation of realistic statement of affairs should the net worth of your assets and relevant income.
• The preparation of realistic solutions for the settlement of liabilities with banks, the revenue commissioners and creditors.

The above documentation is of great importance as part of our recovery solution and it greatly enhances the prospect of possible debt restructuring for the concerned individual. John McCarrick & Associates is equipped with the technical expertise and experience to prepare such documentation to the highest possible standard.