News and Content
Take a look through the latest in-depth industry news as well as a range of features, insights and advice across a variety of different financial topics. Have a browse through our guides and web pages, so you can get an idea about what options might be possible and most helpful in your situation.
What happens to my Bounce Back Loan (BBL) in liquidation?
|A Bounce Back Loan in liquidation is an unsecured debt, repaid last in a CVL, and written off once the process ends.
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My company is insolvent – what can I do?
| 31-07-2020A company is insolvent if it can’t pay its debts. If you're unsure if your company is insolvent, there are three insolvency tests to identify this...
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Winding-up petitions and frozen bank accounts
| 29-07-2020A winding-up petition (WUP) is one of the most severe actions a creditor can take. Unless dealt with quickly, the business bank accounts are frozen.
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Creditors Voluntary Liquidation (CVL) FAQs
| 24-07-2020Here we discuss the most frequently asked questions relating to Creditors' Voluntary Liquidation - a process for the closure of insolvent limited companies.
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How much does an IVA cost?
| 22-07-2020An IVA is a formal arrangement allowing sole traders and individuals to repay their debts in instalments. The cost of an IVA is based on several factors.
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