News

May 2010

Insolvency Practitioners saved nearly 2 million jobs in 2009. The **** Com Res has estimated that the UK Insolvency Industry has helped to save nearly 2 millio... more

February 2010

INSOVENCY NUMBERS ON THE RISE The latest figures from the Insolvency Service show a 22.8% rise in Company liquidations during 2009. Similarly the number of Per... more

Deciding when to voluntarily liquidate your company

If you feel that you no longer wish to continue running you business and you and the other directors have agreed to part, then it could be time to liquidate your company. Read More


Disadvantages of voluntary liquidation
Before you liquidate your company, it is important that you are aware of the disadvantages of the procedure. Read More

Creditors Voluntary Liquidation
The procedure of a Creditors Voluntary Liquidation can be lengthy and much more stressful than a Members Voluntary Liquidation. Read More


Changing from an MVL to a CVL
Companies will go usually go through the Members Voluntary Liquidation procedure if they are solvent. Read More 


Advantages of voluntary liquidation
There can be many advantages of going through the process of voluntary liquidation. The benefits vary depending on what type of voluntary liquidation process the company goes through. Read More


Seeking help for voluntary liquidation
If your company is in a position where you may need to voluntarily liquidate it, then be sure to be aware of all the steps you need to take in order to do so. Read More


Members Voluntary Liquidation
A Members Voluntary Liquidation is the quickest type of voluntary liquidation. If your company is solvent, then the liquidation process will be a Members Voluntary Liquidation. Read More

How to avoid voluntary liquidation
Before you decide to voluntarily liquidate your company, you may want to consider any other options available. Read More


The aftermath of voluntary liquidation
Although the process of liquidation can be sad for some, it is often a relief to no longer be facing financial difficulties. Read More

The voluntary liquidation process
The process of voluntary liquidation will vary depending on what type of liquidation occurs. If the company is failing or the owners simply wish to end business. Read More

What is voluntary liquidation?
Voluntary liquidation is the process taken by a company’s shareholders to bring the business to an end as opposed to compulsory liquidation, where the company is presented with a winding up order from a court. Read More

How companies deal with voluntary liquidation
The breakdown of a company can be extremely disheartening for company directors and employees. Read More

Types of voluntary liquidation
There are two main types of liquidation that a company can undertake when liquidating a company voluntarily. The company’s financial situation may determine which type of liquidation is the most suitable. Read More

Problems faced during a Creditors Voluntary Liquidation
A Creditors Voluntary Liquidation (CVL) is a process that is usually undertaken when a company is insolvent. Read More

The future of companies after voluntary liquidation
Voluntary liquidation can affect the future of all those within the company, particularly if the company went into liquidation as a result of severe financial difficulties.Read More

Why voluntary liquidation may be the best option
If a company is insolvent or does not wish to continue the business for another reason, then it may be time for the company to liquidate voluntarily. Read More

Why companies liquidate voluntarily
There are many reasons why a company may decide to go through the liquidation process. Read More

What is a Creditors Voluntary Liquidation?
A Creditors Voluntary Liquidation (CVL) is the most common type of liquidation. Read More

The disadvantages of a Company Voluntary Arrangement
Although a Company Voluntary Arrangement (CVA) can be highly advantageous for a company, there are some implications that may arise during the procedure. Read More

How voluntary liquidation affects companies
Voluntary liquidation not only affects the company as a whole, but also individual relationships within the company. Read More

How a Creditors Voluntary Liquidation differs from a Members Voluntary Liquidation
A Creditors Voluntary Liquidation (CVL) is a process that is undertaken by companies that are insolvent. Read More

 


 

 

 

 

 

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This is a question you should ask any firm or organisation which offers insolvency / debt advice. Rest assured, Lines Henry as Insolvency Practitioners, do not make any up-front charge or consultation fee.

The following pages will help explain how and where we can help you.

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