If I liquidate my company will I lose my home? If you are thinking about liquidating your business then you are probably also wondering what are the risks to you and your family personally if you decide to liquidate your company. With business insolvency figures rising month
Read more →Why You Should Be Wary Of Cheap Liquidation Costs It’s natural for people to shop around for the best deal in any given situation, but when it comes to placing your company into liquidation, you need to be very wary about going with the cheapest quote you
Read more →What happens if I can’t afford to liquidate my company? Knowing when it’s time to close your company takes courage. If you’re wondering what happens if I can’t afford to liquidate my company, then it’s likely that you’re struggling financially. We’re here to help you and provide
Read more →Does Liquidation Affect My Credit Rating? Since the pandemic, many directors have had to make the tough decision to close their limited companies. Liquidation and company closure can be a minefield, and it’s often the same questions that get asked. For example, one common question is: does
Read more →Personal liability for bounce back loans Personal liability for bounce back loans is a subject that comes up with many business owners that we speak to. Over 1.5 million Bounce Back Loans were taken, but not every business has ‘bounced back’. In this article, we’re looking into
Read more →As a director, will I be held personally liable for my company’s debt? Where to begin Understanding your liabilities as a director can be hard work and often confusing. A liability is a debt that your company is responsible for, such as bank loans, outstanding invoices, finance
Read more →What is compulsory liquidation? There are many reasons why a business may start to struggle financially. Unfortunately, if you don’t do anything about it, you may end up entering a compulsory liquidation. In this article, we’re answering the question, what is compulsory liquidation? Compulsory liquidation occurs when
Read more →Before entering into any insolvency proceedings, you must check your director’s loan account. In this article, we’re answering the question, how does a director’s loan work? What is a director’s loan account? A director’s loan account, or a DLA, is a record of transactions between the company
Read more →You likely have many questions about placing your company into liquidation, and we’re here to help. We provide director-focused professional advice to ensure that you get the best outcome for your circumstances. In this blog, we’re telling you about the liquidation process. What is liquidation? A voluntary
Read more →What is pre-pack liquidation? Businesses can face financial pressures for many reasons. Most of the time, businesses can continue to trade through these, but that’s not the case for all businesses. In this article, we’re telling you all you need to know about pre-pack liquidation. Pre-pack liquidation
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