Debt Restructuring and Debt Reduction
Wise Owl provides specialist guidance on debt restructuring and debt management.
Many business owners still have difficulties in dealing with debts, some of which date from the Celtic Tiger era. With over 40 years’ experience in banking, Wise Owl is very aware of the expectations and requirements of a lender, making it the ideal “Gamekeeper turned Poacher “.
Realistic debt reduction and debt restructuring agreements have been negotiated with many lenders. The borrower’s expectations of a debt write off or debt reduction are often unrealistic and may need repositioning. Debt holders are aware of the improvement in the Irish economy in recent years, and on the resultant uplift in many asset values. Finding a compromise acceptable to both parties is paramount.
Wise Owl’s mantra for both parties is “I want you to be happy ….not hilarious “