Tag Archives: Debt Solutions
CREDIT CRUNCHING DEBT ADVICE
Posted on 16. Dec, 2009 by UK Liquidation.
With stricter lending conditions and banks reluctant to let us borrow money, many people are in desperate need of some debt advice that can alleviate their debt management issues.
Professional solutions
Professional debt solutions such as Individual Voluntary Arrangements
(IVAs), Debt Management Plans (DMPs) and Trust Deeds do not involve
borrowing more money and do not require you to [...]
Continue Reading
Bankruptcy
Posted on 16. Dec, 2009 by UK Liquidation.
For most people Bankruptcy really should be seen as a last resort, but if youre unable to take advantage of any of the other debt solutions available or if they simply do not suit your circumstances it may be the best way out.
The Enterprise Act 2002 came into force on 15th [...]
Continue Reading
Personal Debt Solutions
Posted on 16. Dec, 2009 by UK Liquidation.
Most people feel that the UK Insolvency / Debt solutions industry is a minefield. There are so many options, but so few truly independent advisors.
Many so called advisors are merely selling their own particular product or service, others are using call centres where the person who is advising you [...]
Continue Reading
Pre Pack Administration
Posted on 16. Dec, 2009 by UK Liquidation.
If your Company is in serious debt, there is a powerful, legal way of solving your problems that would result in selling your business on to a third party, which can be a totally new Company a newco or to the existing directors.
The name for this solution is pre pack administration.
The [...]
Continue Reading
Business Rescue
Posted on 16. Dec, 2009 by UK Liquidation.
Business Rescue / Turnaround
Turnaround involves the restructure of a financially challenged company with or without the use of a formal insolvency procedure. This is only relevant for companies that have a viable business that can, if freed from debt, trade profitably.The Turnaround culture for financially distressed companies now firmly exists. [...]
