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Latest News

In a Liquidation procedure, what order does the Insolvency Practitioner (IP) pay the creditors?

Jason Elliott - 07/03/2018

An insolvent liquidation procedure involves the sale of assets, and distribution of the proceeds amongst company creditors. An IP is appointed to

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Insolvency

I need an Insolvency Practitioner (IP) to close my company but I am concerned that I am unable to afford the fees

Jason Elliott - 02/03/2018

If your company has entered insolvency and there is no possibility of returning to profitability, you will need to repay your creditors

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CREDITORS’ GUIDE TO FEES

How much will it cost to liquidate your business?

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Latest News

Could administration prevent my company going into liquidation?

Ben Cowgill - 26/01/2018

If your company is in financial distress, there is a good possibility that it may be wound up by creditors. However, there

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Latest News

How does a Compulsory Liquidation compare to a Voluntary Liquidation?

Jason Elliot - 11/09/2017

A Compulsory Liquidation is usually instigated by an unpaid creditor of an insolvent company who is owed more than £750. It is

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Latest News

The death of the creditor meeting

Ben Cowgill - 30/05/2017

Historically, when a company entered into creditors’ voluntary liquidation (CVL), there was a requirement (under Section 98 of the Insolvency Act 1986)

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Latest News

What is a Statutory Demand?

Jason Elliott - 10/05/2017

In brief, a statutory demand is a requirement made by a creditor for payment of an overdue debt against either a company or

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Frequently Asked Questions

What is a ‘CVA’?

- 14/07/2016

A ‘CVA’ is a Company Voluntary Arrangement with creditors, which allows the business to pay its debts off over a fixed period

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The Insolvency Experts is the trading name of Cowgill Holloway LLP registered at Regency House, 45-53 Chorley New Road, Bolton BL1 4QR and registered in England and Wales with registered number OC316195 with offices in Bolton and Manchester.

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