It is a common scenario that when a company goes into liquidation the directors will have debts they are liable for because of personal guarantees.
Insolvency advice for directors: 6 things NOT to do before liquidation
Directors facing insolvency often make rash decisions & create further problems. If you’re struggling, take some advice: 6 things NOT to do before liquidation…
Considering appointing a reviewing liquidator? What does it mean and is it worth it?
A reviewing liquidator’s role is to review whether the fees and expenses being claimed by a liquidator on a liquidation are reasonable.
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