business debt

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Save My Business! The Voluntary Administration Process

Sometimes despite your best efforts and intentions your luck will turn and your business will start to struggle financially.

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Topics: Voluntary Administration, Business Debt

Creditor Types and Rankings

Whether you’re an employee owed wages by a company in liquidation, or a supplier seeking payment from an outstanding debtor on the brink of external administration, if a company owes you money you’re a creditor of that company.

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Topics: Company Liquidation, Business Debt, reduce business debt, Liquidation

7 Reasons Business Liquidation is a Good Idea

Let us clear up why business liquidation is the right decision. If you're wondering if you should even bother liquidating your company, here are some very good reasons to do it.

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Topics: Company Liquidation, Business Debt, Liquidation

The Liquidation Process and Reasons for Appointing a Liquidator

A company begins the Voluntary Liquidation process when its owners and shareholders agree it is insolvent and that there is little chance of a restructure making it solvent again.

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Topics: Company Liquidation, Business Debt, Liquidation

Courts, Claims and Statutory Demands

A creditor can recover money owed by a company in a number of ways. As a director, you need to know your rights and obligations if those debt collection processes expose your company to legal action and enforcement.

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Topics: Company Liquidation, Business Debt, Liquidation