Walking to raise funds for MIND

The Team from Insolvency Practitioners Antony Batty & Company are Walking Virtually from Lands End to John O’Groats to raise awareness for Mental Health

During the month of September this year, team members from our offices have set themselves the challenge to virtually walk the distance from Lands End to John O’Groats and raise funds for the mental health charity MIND. That’s an impressive distance of 874 miles. Our target is to raise £500, but we hope to significantly exceed that amount, and will be posting updates on LinkedIn and Twitter along the way.

To donate, simply click here for the Just Giving page.

Why MIND?

As Insolvency practitioners, our team never loses sight of the fact that individuals are deeply affected, mentally, when a Company is financial distress and facing insolvency and all the worries and concerns that come with that. This has never been truer over the last 19 months or so, when the effects of Covid-19 on many thousands of businesses have been significant. That is why we have always believed in treating people with Honesty, Openness and Compassion.

MIND provides advice and support to empower anyone experiencing a mental health problem. They campaign to improve services, raise awareness and promote understanding, regardless of where and how problems arise.

As they say, “We won’t give up until everyone experiencing a mental health problem gets support and respect. Every year, one in four of us will experience a mental health problem. But hundreds of thousands of people are still struggling. We believe no one should have to face a mental health problem alone. We’ll listen, give you support and advice, and fight your corner.”

Our team are pleased to be raising funds for, and supporting the work of, “MIND”. Right now, their work is more important than ever as people are having to cope with the anxiety and stress that the pandemic has brought to so many people’s lives.

Any amount you can give will spur our team on and will help to make a difference to the work of Mind.

Mental Health and Insolvency

As we reported in an article in March 2021, people with financial difficulties are more likely to suffer with mental health problems.  In a report, the Money and Mental Health Policy Institute found that 18% of people with mental health problems may also suffer with debt issues and that 46% of people in problem debt also have a mental health problem. The report suggested that c.1.5 million people struggle with Mental Health issues and problem debt at the same time and that the situation can be made worse if they are treated insensitively by creditors.

As insolvency practitioners, we have seen the stress and strain that business difficulties can cause company directors and their staff. Elaine Wilkins from our Bournemouth Office decided to do something about it and is now a trained Mental Health First Aider.

“The stories of sleepless nights, growing anxiety and deepening depression are all too true for those individuals and business owners who are facing problem debt and, ultimately, insolvency. Sometimes our advice is sought too late, and the only way out is a liquidation. Even then, we can help lessen stress and strain by taking over the work of dealing with creditors. If contacted quickly, the chances of turnaround and recovery are much improved, perhaps via an Administration or a Company Voluntary Arrangement, where once again, we take the strain.”

If you or your company is facing insolvency due to problem debt, HMRC arrears, cashflow or other financial problems and you are stressed and anxious about what to do, then please do contact us for a fully confidential, and FREE initial discussion at any of our offices.

At the meeting, our highly qualified specialists will provide you with independent, professional assistance/guidance and go over all the possible options, to help take the stress and strain away.

Contact us for help and advice on insolvency, restructuring and recovery.

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