My Insolvency was established in 2014 by directors, Stan Coltman and Sean Husband. This was also the beginning of the My Invoice Group consisting of My Insolvency, My Debt Recovery and My Invoice Finance.
My Insolvency was created following a long established relationship between both Stan and Sean. They had both worked together on multiple occasions during Stan’s time working for RSM and Sean’s time working for Lloyd’s Bank.
In 2009, both Stan and Sean left the corporate world to start their own businesses. Stan created Cashisking, an independent corporate recovery, insolvency and restructuring specialist and Sean created My Debt Recovery, a debt collection specialist. Whilst working in their own businesses, Stan and Sean continued to work together, referring business to each other until they decided to create My Insolvency under the My Invoice Group.
The focus of My Insolvency has always been to provide cash flow solutions to businesses through corporate finance and the facilitation of credit management solutions. When you deal with My Insolvency, you will quickly realise that the client experience is extremely important.
When My Insolvency are involved with an instruction, we like to get under the skin of the business, by meeting with the directors. This allows us to understand the real business, it’s management structure, the concerns of the board and the pressures the company is under from the bank or the creditors. We then like to understand the business plan and aspirations of the individuals involved for the future and their exit strategy.
Only once My Insolvency has a fully rounded view of the business, are we then able to provide our clients with our expert advice. This is, surprisingly, not necessarily insolvency even when a company might have more liabilities and assets.
Visit our Meet the Team page to find out more about the experienced team behind My Insolvency and the My Invoice Group.