Can I be a company director if I have an IVA?
One of the main reasons a company director may consolidate their debt issues by using an IVA compared to bankruptcy is that they are still allowed to act as a…
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Can Directors Be Held Personally Liable For Business Debts?
If you’re a director of a limited company whose business is struggling to pay its bills and wondering if insolvency is your only option, you might be concerned that you…
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Directors’ Personal Guarantees
A personal guarantee agreement holds a company director personally liable if the business is unable to repay money owed. A personal guarantee agreement is typically a requirement when taking out…
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Are Directors Liable for Bounce Back Loans?
The Bounce Back Loan Scheme (BBLS) has proved a lifeline to many businesses struggling over lockdown. The scheme allows eligible businesses to borrow between £2,000 and £50,000 to cover additional…
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