Frequently Asked Questions
Pre-pack administration v administration – what are the advantages and disadvantages?
Craig Johns, of Insolvency Experts Bolton briefly explains the processes and differences. While both of these insolvency processes are governed by the
Frequently Asked Questions
How to Appeal a Compulsory Liquidation
If you’ve received a winding-up petition, the options available to you to stop or appeal the petition will depend on how quickly
Frequently Asked Questions
Can I start insolvency proceedings myself?
With the exception of compulsory liquidation and administration via the company’s secured lender, it is you as director who can initiate insolvency
Frequently Asked Questions
What are the options for an insolvent company?
Directors should seek advice from professionals such as ourselves as soon as they become concerned about the solvency of the business. It
Frequently Asked Questions
What happens whilst my business is “in administration”?
Administration is an insolvency process by which a company is placed under the control of an insolvency practitioner to enable him to
Frequently Asked Questions
What is a ‘CVA’?
A ‘CVA’ is a Company Voluntary Arrangement with creditors, which allows the business to pay its debts off over a fixed period
Frequently Asked Questions
How likely are my creditors to accept some form of voluntary arrangement?
If your limited company is insolvent, it can use a Company Voluntary Arrangement (CVA) to pay creditors over a fixed period. If
Frequently Asked Questions
What is insolvency?
If you cannot pay your debts when they become due, or if the amount you owe is greater than the value of
How can I reduce the risks of insolvency?
The key to reducing the risk of becoming insolvent is by keeping an eye on your cash flow, and ensuring your finances
Frequently Asked Questions
How can I protect those who invest in my business?
If your business is trading as a sole trader/ partnership, it’s important to ensure that your spouse has a separate bank account,
Accreditations
Our Costs
At the Insolvency Experts we think that our service offers excellent value for money. Depending on your circumstances, our services can even end up being effectively free of charge.
