What happens when an energy supplier becomes insolvent?
Should your Gas & Electricity supplier go bust, The gas and electricity regulator Ofgem will announce who is taking over…
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What does the official receiver check
If you are struggling with debt, you may decide to opt for bankruptcy Debt Relief Order (DRO), you will then, at…
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Cheapest Way To Liquidate a Company
If you are a director that is worried about liquidating a company and money is tight, you maybe looking for…
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What is a shareholder? – Our guide
A person, a company, or even an organisation that holds stock(s) in a business is known as a shareholder. They…
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How long can a company stay in administration?
There is no set time limit a company can stay in administration, it usually can last up-to 12 months with possible…
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Advantages and disadvantages of a Pre Pack Administration
When a company begins to face financial difficulties, the business owner will likely begin to investigate the options that are…
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Solvent vs Insolvent Company Liquidation
The is a Myth that people assume that business liquidation is only applicable to those that are officially insolvent, this is not always…
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Business IVA
A business IVA is an agreement that is legal binding between you and your unsecured creditors where you will pay…
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How long does it take to liquidate a company?
If you have an insolvent Limited Company on your hands that is awaiting liquidation, it’s always handy to know how…
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What is Provisional Liquidation?
Provisional liquidators are only appointed in liquidation, these are allowed under certain specific circumstances. The appointment usually takes place after a…
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