Category: Company Liquidation

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Can You Liquidate Your Company Without an Insolvency Practitioner?

Can You Liquidate Your Company Without an Insolvency Practitioner?

Why is DIY The Wrong Way To Liquidate Your Company? - The legalities aside, It's a huge risk to take...

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What is a Phoenix Company? What are the Advantages and Disadvantages?

What is a Phoenix Company? What are the Pros and Cons?

There are advantages to a viable but insolvent business being saved through the creation of a Phoenix Company, but there...

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Liquidations & Insolvent Redundancy

Liquidations & Insolvent Redundancy

What happens in an insolvent redundancy when the company doesn't have sufficient funds from its liquidated assets to pay the...

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Creditor's Voluntary Liquidation - Should You Jump or Wait to be Pushed?

Creditor’s Voluntary Liquidation – Jump or Wait to be Pushed?

When a business is insolvent, don't wait to be forced into compulsory liquidation, Creditor's Voluntary Liquidation is usually a far...

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What Happens After Liquidation? What Should The Directors Expect?

What Happens After Liquidation?

What happens after a company liquidation and what are the implications for the Directors of the business that's been closed?

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Could This Be The End of Late Payment Culture?

Could This Be The End of Late Payment Culture?

With the collapse of outsourcing giant Carillion still in mind, the Government has put forward proposals to end the UK's...

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Director's Loan, Director's Loans and Liquidation

Director’s Loans and Liquidation

If you've drawn money from your business as a Director's loan and your business is under financial pressure or in...

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The Three Types of Company Liquidation

The Three Types of Company Liquidation

While the process of company liquidation is similar in most circumstances, there are three main types of liquidation which may...

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Compulsory Liquidation - An Insolvency which wasn't Caught Early

Compulsory Liquidation – An Insolvency which wasn’t Caught Early

Doing nothing to avert compulsory liquidation, which you'll doubtless have had several opportunities over a considerable amount of time to...

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official receiver

The role of the Official Receiver in business insolvency

When the news of a large company having failed hits the headlines, we sometimes hear that certain actions have been...

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ICO, data protection, liquidation

Directors liquidating to evade data protection fines targeted by ICO

Companies caught failing data protection rules currently face penalties of up to £500K which increases exponentially in May 2018 when...

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voluntary liquidation

Voluntary Liquidation – A popular Insolvency choice for Directors

If your business becomes insolvent then you are faced with a number of options, many directors will opt for Voluntary...

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