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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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.
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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Members Voluntary Liquidation (MVL) FAQs
| 20-07-2020Members voluntary liquidation (MVL) is a process for the closure of solvent companies. Here we answer the most frequently asked questions on this service.
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Company Voluntary Arrangement (CVA) FAQs
| 14-07-2020A Company Voluntary Arrangement (CVA) can be useful for insolvent companies. In the right circumstances, they help your company repay what you can afford.
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Individual Voluntary Arrangement (IVA) FAQs
| 09-07-2020Individuals facing unaffordable debt may have explored the option of an IVA. Here we answer the most commonly asked questions on the process.
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