Insolvency
Insolvency means that your assets / your business assets are less in value than your debts, and you are not able to pay the debts themselves by any means. If you are a sole trader or loan guaranteur, this insolvency can lead to bakrupcy, whereas for e.g. limited companies, insolvency could lead to the winding up or liquidation of the company.
As well as providing help and advice on all aspects of insolvency, bankrupcy and company liquidation procedures, we can also help with insolvency rescue procedures e.g. Company Voluntary Arrangements (CVA), and Company Administration.
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