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.
Posted 21st June 2022 by Craig in
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?Read More
Posted 5th May 2022 by Craig in
Directors beware – It is not just business loans from banks that require Personal Guarantees
Personal Guarantees are everywhere in Business. Directors must be vigilant.Read More
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.Read More
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?