When would a Director consider Bankruptcy? The disadvantages of Bankruptcy for Directors. Is bankruptcy ever a suitable solution for a Company Director?
A Liquidator cannot disqualify company directors. They submit a report on director conduct. The Insolvency Service then decides if further investigation is necessary. Then an application for disqualification may be made to the Court. What is the Liquidator’s report? What does the Insolvency Service do? Who decides if directors should be disqualified? Concerned about Director […]
After a company is liquidated the conduct of its directors is reviewed. Improper conduct could lead to director disqualification. This bars the individual from directorships in any company for up to 15 years. What conduct might lead to Director Disqualification? The affect of Director Disqualification Are you liable for company debt if disqualified? Concerned about […]
When would a Director consider using an Individual Voluntary Arrangement (IVA)? The advantages and disadvantages of an IVA for company directors.
Implications of a Directors Loan Account after a pre pack. Options for repaying. Is a CVA a better option if there is a Loan Account?
Personal Guarantees, Outstanding director’s loan account, Personal liability for HMRC Debt? Debt solutions for directors
Which debts can Directors be liable for after Liquidation? Which is the best debt solution for a Director to use?
The circumstances where Bankruptcy is an option for a Company Director. Can a Sole Trader go bankrupt? The affects of Bankruptcy on employees.
Who is liable for Self Employed business debt? Options for managing a self employed debt problem. Debt solutions and your business bank account.
What is Wrongful Trading. Who decides if a Director is guilty of improper conduct. How to reduce the risk of Wrongful Trading.