"They could just as well be thinking of the other ‘Dr.’ Walker – Paul, the loan doctor’ – who has spent almost 10 of his 29 years at Chase nursing sick loans back to health.(To read the rest of the article, click on the link below the adjacent photo.) We thought we would catch up with Walker and see how he views what has happened in the credit world in the near quarter century since that profile and the 20 years since he left Chase.
“When I was at Chase, most of the credit problems were due to granting exceptions to credit standards, driven by desire to enhance the bottom line,” he said.
Once you have made the decision to liquidate, the company should cease trading or you could be held accountable for wrongful trading.
We help you manage every aspect of your business and because we establish a one-on-one relationship with each of our clients, our advice is tailor-made for your business.
We've also developed our traditional auditing and accounting practices into innovative, client-focused services.
Liquidation essentially means the end of a company’s life, whether voluntary or compulsory.
The company’s assets are sold to generate cash to pay off outstanding debts wherever possible.
Liquidation preferences can be partial (they apply to less than 100% of investment funds), full (100%), or at a multiple of original investment funds.
Further, interest or guaranteed dividends may or may not be added to the preference amount over time.
Please refer to our Services page for a complete list of services we provide.
At Robert B Walker we provide you with advice when your business needs it, not just when you ask for it.
There are a number of meetings required in this process.
If necessary, we can call these meetings and place your company into liquidation in less than a fortnight.
Our flexibility and adaptability ensure we help you get the best results. This list is by no means exhaustive, and our team of friendly staff are more than happy to discuss any services not listed here that you might require.