Consistent information supports a constructive discussion. Preparation starts with gathering details of liabilities and existing arrangements.
Organise your liabilities
Your summary may include the creditor, amount, due date and relevant documents. Include earlier correspondence and any arrangements already made.
Prepare questions and options
Before the discussion, assess which proposals the business can realistically consider. The consequences of new arrangements and their effect on other liabilities need to be analysed in the context of the specific matter.
This material provides general information. Your company's particular situation requires individual assessment.
