Although there is only one type of Administration there are a number of ways that a company may enter Administration.

An Administrator may be appointed by the Directors, Shareholders, a petitioning creditor or a secured charge holder.

Where the directors or Shareholders appoint this may give rise in certain circumstances to what is known as a pre packed Administration where the Directors/Shareholders purchase the business from the Administrator immediately on appointment.

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We understand that you may require guidance and encouragement to help you through these difficult times.