Going into liquidation can be a stressful time. In this blog, we’re letting you know 8 tips for going into liquidation for the first time. If you’re reading this blog, you’ll likely have many questions. We know because we’ve been exactly where you are, having to close
Read more →As a director entering into liquidation, you’ll need to do a lot of research to find out what else could be affected. In this blog, we’re answering the question, will I lose my pension if I liquidate? Will I lose my pension if I liquidate? In most
Read more →If you’re considering entering liquidation, you’ll likely have many questions about what happens next. In this blog, we’re looking at intercompany loans and what happens when the company goes into liquidation. What is an intercompany loan? We’ll be letting you know some examples that we’ve seen over
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You might find yourself wanting to move on from a company for many reasons, such as for finances or simply because you’re starting something new. In this blog, we’re answering the question, how long is a director liable after resignation? Resigning as a director simply means you
Read more →If your company is struggling financially, liquidation is definitely an option. We provide honest, confidential expert advice and can ensure that you are aware of all the options available to you. Here, we’re telling you the pros and cons of liquidation. What is liquidation? There are a
Read more →How long does liquidation take? So, you’ve decided to liquidate your business, you’re probably trying to figure out how everything works, when things will start to happen and how is best to deal with the liquidation process. If you’re wondering – how long does liquidation take? We’re
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Order of Payments in Liquidation: Who gets paid first? When entering an insolvent liquidation for the first time, it can be hard to understand how everything works. If your business is insolvent, that means your company owes a range of creditors money that you can’t pay back.
Read more →A guide to company voluntary liquidation If your business is suffering financially, you may be worrying about what’s next and how to deal with it. The good news is that you may have a variety of options available depending on your personal circumstances. It’s important to try
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Closing a business is never an easy decision and it’s usually one that you’ve spent a lot of time considering before making a final decision. Usually, when dealing with an insolvent company, directors will make the decision to start the company closure using one of the formal
Read more →Will you have to pay your BBL back if you liquidate? During the pandemic, many business owners took out bounce-back loans. These loans came at a time of great uncertainty, providing some protection for struggling businesses. Unfortunately, many businesses have still not bounced back and are therefore
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