Recognising Insolvency
Answer three simple questions to determine if you could be insolvent:
- Are you or your company unable to pay its debts as and when they fall due?
- Does its liabilities exceed its assets?
- Has a creditor obtained a County Court Judgement, have a statutory demand outstanding, or a winding up petition threatened?
If the answer to any of these questions is YES, or could be in the near future you need professional advice. Don't leave it too late, the earlier you contact us, the earlier we can start helping.
Corporate Insolvency
Personal Insolvency
Corporate Insolvency
There are four types of commonly used Corporate Insolvency Procedures. These are Administrations, Company Voluntary Arrangements, Liquidations and Receiverships.
Personal Insolvency
There are two types of personal Insolvency Individual Voluntary Arrangements and Bankruptcy.
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