This is the Creditors’ Voluntary Liquidation News section

On this page, you will find news what’s happening in the area of Creditors’ Voluntary Liquidations.

In the meantime, if you need our help and advice in any of our specialist insolvency areas, please contact us or call 0208 088 0633, for a FREE initial discussion.

The Potential Misuse of CBILs/CLBILs/BBLs – an Insolvency Practitioners Perspective

Posted 21st June 2022 by Craig in

Insolvency Practitioners

The Potential Misuse of CBILs, CLBILs and BBLs – an Insolvency Practitioners Perspective.

Freezing orders, Winding up Petitions, Director Disqualification and Criminal Proceedings can all be the result of misuse. But what if you genuinely cannot repay?

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Directors beware – It is not just business loans from banks that require Personal Guarantees

Posted 5th May 2022 by Craig in

Personal Guarantees

Directors beware – It is not just business loans from banks that require Personal Guarantees

Personal Guarantees are everywhere in Business. Directors must be vigilant.

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Insolvencies more than double in March 2022

Posted 3rd May 2022 by Craig in

Creditors Voluntary Liquidations

Insolvencies more than double in March 2022

Most of the Insolvencies (87%) are Creditors Voluntary Liquidations because many businesses badly affected by Covid are already pushed to the edge.

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HMRC’s Preferential Creditor Status and Preference Payments to Creditors

Posted 1st March 2022 by Craig in

Insolvency Practitioners

HMRC’s Preferential Creditor Status and Preference Payments to Creditors

Directors Beware! Do you know what HMRC’s preferential creditor status means for you in insolvency?

 

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