Frequently Asked Questions
How to Appeal a Compulsory Liquidation
If your company is facing compulsory liquidation, you may be wondering whether there is a way that you can appeal this process.
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?
Insolvency- The Ultimate Guide In our ultimate guide to insolvency, we look into the basics of being declared insolvent and what the
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,
Frequently Asked Questions
My business is struggling – what should I do?
The earlier you seek advice, the better. The most important thing is to not bury your head in the sand. As a
Frequently Asked Questions
My business looks as if it’s heading towards insolvency – can I take money or assets out of it before it becomes insolvent?
As the director of a company which may be close to being or actually is insolvent, you must be mindful of your
Frequently Asked Questions
When Can a Business Ask the Court for a Winding Up Order?
Once a creditor, or a group or creditors are owed more than £750 by your business, they can request a winding up
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For free expert advice, send us a message and we’ll be in touch
With a free consultation you will:
- Find out how to manage creditors
- Discover your options
- We’ll figure out the best solution for you
- Whether Liquidation is the best option
