Dispute Resolution- Farming Client, Local Creditors

Farming Client from Fermanagh

-Had significant difficulties with a number of local Marts & suppliers regarding monies owing of c£200,000

-This was preventing him from obtaining supplies, stock etc. therefore hindering him entirely from trading

-Action had been taken by several of the Creditors whereby Solicitors had been appointed to pursue by way of litigation

-Same Client owed a significant lump of money also to a local Bank who held the deeds for his farm

-Bell & Company engaged with both the relevant Banking Institution as well as all surrounding marts

-Re-finance was obtained from a third-party lender which retained and protected the farm entirely

-Negotiations were conducted with all pursuing marts and all were settled with a total of £90,000.00

-Savings were achieved then of £110,000.00

***SUMMARY: SAVINGS OF £110,000, FARM PROTECTED ENTIRELY

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