What happens to directors of a dissolved company?
The purpose of this article is to examine what happens to directors of dissolved companies and how those circumstances can differ from those in liquidation cases. It is relatively common…
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Will I lose my house if my limited company goes bust?
If you are the owner of a limited company that has recently been struggling financially, you may want to know what will happen if it goes bust. What will the…
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What is wrongful trading? All the information you need
Perhaps you need help with identifying wrongful trading within your company. If so, our expert team of insolvency practitioners can step in and provide you with the knowledge required to…
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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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