Providing insolvency services

Description

Providing insolvency services involves delivering professional support to individuals or organizations unable to meet their financial obligations. The core action includes assessing financial status, advising on legal options, managing creditor negotiations, and administering formal insolvency procedures such as liquidation or restructuring. The practical intent is to resolve unmanageable debt, protect stakeholder interests, and facilitate fair asset distribution, thereby offering structured remedies to financial distress and enabling potential recovery or orderly exit from the market.