Bounce Back Loan Fraud

Bounce Back Loan Fraud “But everyone’s doing it, aren’t they?” It was just last year that the government decided to offer bounce back loans to support business owners through the beginning of the pandemic. Most people completed the application honestly but there have been some instances whereby

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What’s the difference between striking a company off and liquidation?

Companies will close for two main reasons: the shareholders no longer wish to continue with the business, or the business is no longer viable.  Closing a business isn’t as easy as ceasing to exist though, and there are two different routes available. One is striking a company

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What happens to my Bounce Back loan if I liquidate my company?

Many companies who’ve taken out Bounce Back Loans to support them throughout the COVID-19 pandemic may now be left in the unfortunate position where they’re unable to pay it back. In this article, we’ll look at what will happen to your Bounce Back Loan should you decide

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What happens if I receive a winding-up petition?

A winding-up petition (WUP) is by far the most extreme action that can be taken against your company. In this article, we’ll explore what it is, the process that must be followed and some ways you can stop it from happening. What is a winding-up petition?A winding-up

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