Tag Archives: Iva
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 [...]
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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 [...]
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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 [...]
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CVA’s
Posted on 15. Dec, 2009 by UK Liquidation.
Company Voluntary Arrangement
There is legislation that enables a company to make a private arrangement with all its unsecured creditors. The CVA (Company Voluntary Arrangement) procedure was introduced by the Insolvency Act 1986 IA86 and is simply a formal mechanism which permits a company, which has debt problems, to reach a [...]
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Corporate Debt Solutions
Posted on 15. Dec, 2009 by UK Liquidation.
You could be guilty of wrongful trading without realising it if you are, you could become personally liable for the debts of your Company
If youre a Director of a Limited Company & you have Corporate debts the first thing to appreciate is that you must separate your personal debts from [...]
