Relax – you have now taken the first step to regaining control of your business or personal finances.
Have you got to the stage where you are avoiding answering calls from creditors or afraid of opening the post for fear of finding another final demand? We understand the huge stress you have been under and are able to offer help and advice to get you back on track and regain control of your business.
However, time is of the essence – if you are trading insolvently, you as a Director may become personally liable for debt incurred from that point onward – even if you trade as a Limited Company.
Contact us today for a free and confidential discussion on your next steps which may include Liquidation, Company Voluntary Arrangement (CVA) or Raising Finance.
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Directors need to be aware that if they are trading insolvency they are can be jointly and severally responsible for the debts from that point forward – and are unable to claim protection under the Limited Liability status …
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