Receiving a winding up order is extremely worrying for a business owner, but an insolvency practitioner may be able to help you avoid liquidation. Issued to non-paying businesses by creditors as a last resort to try to recover their money, a winding up order calls for the courts to liquidate a company to release funds
Learn the key differences between an IVA and bankruptcy to help make an informed decision about which option is more suitable for your circumstances. Whilst bankruptcy can write off your debts, it can also swallow up your assets. Individual voluntary arrangements (IVAs) offer an alternative approach to help you pay off debts over a manageable
As an employee of a company that’s going into administration, you may be left in the dark and are unsure about what happens next. When a company is going into administration it doesn’t necessarily mean that it will close down. The process of going into administration provides breathing space and enables actions to be taken