How can a County Court Judgment (CCJ) affect my limited company?
| 29-08-2019A CCJ encourages a company to repay what it owes. Failure to do so can mean a damaged credit rating, more creditor action and even closure of the company.
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A CCJ encourages a company to repay what it owes. Failure to do so can mean a damaged credit rating, more creditor action and even closure of the company.
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When you receive a CCJ, it means a creditor has applied for a court order to make you repay your debt. There are several ways a CCJ can affect you.
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What happens when a company receives a Writ of Control or a Warrant of Control? They enable Enforcement Officers to legally take goods on the creditors' behalf.
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Our standard MVL cost is £995 + VAT & expenses; however, this can vary depending on the nature and complexity of the liquidation.
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A Time to Pay Arrangement (TTP) is an agreement between a company and HMRC. They’ll need assurance that you’ll pay what you owe, or they won’t accept it.
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Distribution in specie is a means of transferring an asset in its current form rather than in the equivalent amount of cash.
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