What happens to personal guarantees in insolvency?
| 18-08-2021Directors who provided personal guarantees can become personally liable if their insolvent company enters liquidation, as the guarantees then become enforceable.
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What happens to my Director’s Loan Account (DLA) if I close and liquidate my insolvent company?
| 12-08-2021Directors may take money from their company through a Director’s Loan Account. Issues can arise if the loan isn't repaid and the directors liquidate or close the company.
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Wilson Field Celebrates 20 Years In Business
| 09-08-2021Sheffield-based insolvency practitioners Wilson Field celebrates its twentieth year in business Nick Wilson, talks about the business and its inception in 2001
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What if a director disputes a liquidation? How to resolve it
| 04-08-2021Running a business can be challenging, and sometimes directors may disagree. A director dispute can lead to a slowdown in decision making.
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How much does an administration cost?
|Administration is a process available to insolvent companies, as it's restructured, or parts of the business are sold. But what's the cost of an administration?
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I need to close my company due to Coronavirus (COVID-19)
| 21-07-2021“What can you do if you need to close your company due to coronavirus? Depending on your circumstances, the company may have several options.”
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