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I was recently invited into a board meeting by the company accountant, Alan, to take instructions for a Pre-Pack Administration.....
Your Company Liquidation Questions Answered....
I received a call from a director, Terry, who had been recommended to call us because his company was insolvent and facing creditor pressure "I need you to liquidate my company."....
What are the Liquidation procedures for an Insolvent company? Find out more....
Business Turnaround or Business Continuity....
IVAs or Individual Voluntary Arrangements allow you to make arrangements with the people you owe money to so you can reach a final legally binding settlement....
Personal Individual Voluntary Arrangements or IVA’s are an alternative solution to bankruptcy....
What is a Creditors Voluntary Liquidation (CVL)? How can this help you?
What is a Company Voluntary Arrangement (CVA)? How can this help you?
We all know what an Individual Voluntary Arrangement or IVA is. It’s an alternative to bankruptcy, which in certain circumstances does work better for the debtor....
Anyone who's ever run a business knows the answer to this question!
It's stating the obvious. But, often, at a time when they are given the guarantor (usually a director) doesn't think clearly enough about the consequences of these being called upon....
What is a Members Voluntary Liquidation MVL? How can this process help you?
We often see directors in receipt of excessive remuneration packages. At what point could they be challenged by a liquidator as a transaction at an undervalue and therefore repayable?....
We often get involved in the sale of an insolvent business or get asked questions from potential purchasers or their professional advisers. Here are a few points...
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