Business Debt

What is a stay of execution?

5 mins 25th September 2024

Is your business experiencing financial difficulties and you’re not sure what to do? It’s vital that you reach out to a company insolvency expert to discuss your situation. There are...

What is a High Court Writ?

6 mins 18th September 2024

When it comes to the world of business, there are many elements to think about. In this blog, we’re answering the question, what is a High Court Writ? What is...

I have limited company debt – what can bailiffs do?

8 mins 11th September 2024

It’s a worrying time when your company is struggling with debt problems. You might be finding it difficult to identify which options are suitable for you. This blog is: I...

4 mistakes UK directors are making with HMRC

3 mins 31st October 2023

If you’re a UK-based, limited company director who is experiencing some problems with HMRC right now, this one’s for you. In this blog, we’re letting you know 4 mistakes UK...

How to speak and negotiate with creditors

3 mins 22nd September 2023

Dealing with creditors can lead to a lot of stress and worry, but there are ways that you can help the situation. In this blog, we’re letting you know how...

How to deal with bailiffs

3 mins 4th August 2023

If your business is struggling financially and has big creditors, you may face bailiff action. In this blog, we’re looking at how to deal with bailiffs. Dealing with financial difficulties...

What happens if you can’t pay an overdrawn Director’s Loan Account?

8 mins 23rd September 2022

What happens if you can’t pay an overdrawn Directors Loan Account? Dealing with company liquidation can be stressful, so we’re here to answer your most important questions. One question we...

Will I be held personally liable for my company’s debt?

12 mins 15th February 2022

If you’re considering closing your company, you are probably worried about whether you could be held personally liable for your company’s debt. One of our team at 1st Business Rescue...