In: CVL
Who pays for the cost of putting the company into liquidation?
June 30, 2020An costs of the liquidation are usually gets paid from the assets realised during the liquidation process. If there are no…
Read MoreIs my first meeting free?
June 30, 2020There is no charge for the first meeting between you as a director and one of our Insolvency Practitioners. This provides…
Read MoreCan I liquidate my Company myself?
June 30, 2020No. A liquidation is a complex legal process which can only be undertaken by a Licensed Insolvency Practitioner.
Read MoreCan I simply strike the Company off at Companies House?
June 30, 2020Not if the Company has outstanding debts. A director should not apply to have the Company struck off if they are…
Read MoreI have received a winding-up petition. What is it and what should I do?
June 30, 2020A winding-up petition is a formal legal document where a creditor has made an application to Court to place the COmpany…
Read MoreI have received a Statutory Demand. What is it and what should I do?
June 30, 2020A Statutory Demand is a formal document that is issued by a creditor which demands payment of an outstanding debt in…
Read MoreWhat should I do if I am concerned that my Company is insolvent?
June 30, 2020You should seek advice from a qualified insolvency practitioner at the earliest opportunity who will explain the options available to you….
Read MoreIs my Company Insolvent?
June 30, 2020A Company is insolvent if it is unable to pay its debts as they fall due or if its debts exceed…
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