If you can't afford an insolvency practitioner, try voluntary strike-off, negotiating with creditors, or debt charities. However, an Insolvency Practitioner is ultimately valuable.
Facing redundancy can be a challenging and uncertain time, but it's crucial to be aware of your rights as an employee during this process. Knowing how to make a claim and understanding what you're entitled to can help ease the financial burden. We've put together a comprehensive guide to redundancy and your rights.
A First Gazette Notice for compulsory strike off is a public notice from Companies House that the company will be dissolved unless overdue filings are made or valid objections are raised within two months.
Is it possible to liquidate a limited company and open a new one? Yes, it is, but it's essential to consider legal, financial, and practical implications.
This article examines director liability after resignation. While day-to-day responsibilities cease immediately, liabilities for past actions persist, including insolvency-related debts, fraudulent conduct, director's loans, personal guarantees, and statutory obligations.
Addressing the emotional toll of financial distress and how directors can seek support.
Administration vs liquidation solutions and their pros and cons - which is best for your business?
Discussing the advantages of an MVL for business owners looking to close profitably
Exploring the duties of directors when facing insolvency and how to protect themselves legally.