Dissolution v Liquidation – What is the difference?
Dissolution and Liquidation are both formally ways of closing a limited company which is no longer viable and must cease trading. …
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Find an Insolvency Practitioner
Finding an insolvency practitioner is a relatively simple task. They are responsible for administering insolvency proceedings and advising on the best…
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What is deemed misuse of a Bounce Back Loan?
The government’s Bounce Back Loan scheme has come under fire in recent months for allegedly being misused by some businesses.…
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How to buy businesses in administration or liquidation
The process of buying businesses in administration can be complex, but there are a few key things to keep in…
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How to stop a winding up petition
A winding up petition is a legal document that is filed in court in order to have a company “wound…
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Wildgoose Construction goes into Administration
Alfreton based Wildgoose Construction, which was founded in 1896, and was a fourth generation family-owned business has ceased trading and enter into…
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McColl’s goes into administration
McColl’s has gone into administration after talks with Morrisons to buy the chain of convenience stores fell through. McColl’s confirmed…
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What is the Purpose of Administration?
The purpose of administration proceedings is to rescue and rehabilitate insolvent but potentially viable companies. The word “company” in this…
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How To Place Your Company Into Administration?
Placing a company into Administration can be a complicated process and dependent on your companies individual circumstances. Often, this is led…
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How Long Does An IVA Last?
An IVA lasts for 5 years (60 months), although within the Insolvency Act 1986 there is no set length. In…
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