Tag Archives: Insolvency Practitioner

About Paul Johnson

Posted on 16. Dec, 2009 by Liquidation Advisors.

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Dont let thishappen to you

Personal Experience of Debt:
3 years ago, I had 2 successful businesses and a 1.2million property portfolio but I also had 140k of personal & business debt. So I entered into an IVA, but I chose the wrong advisors. The IVA failed, my debt increased to approx 400k & the Insolvency practitioner [...]

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Personal Debt Solutions

Posted on 16. Dec, 2009 by Liquidation Advisors.

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Most people feel that the UK Insolvency / Debt solutions industry is a minefield. There are so many options, but so few truly independent advisors.
Many so called advisors are merely selling their own particular product or service, others are using call centres where the person who is advising you [...]

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Pre Pack Administration

Posted on 16. Dec, 2009 by Liquidation Advisors.

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If your Company is in serious debt, there is a powerful, legal way of solving your problems that would result in selling your business on to a third party, which can be a totally new Company a newco or to the existing directors.
The name for this solution is pre pack administration.
The [...]

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Business Rescue

Posted on 16. Dec, 2009 by Liquidation Advisors.

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Business Rescue / Turnaround
Turnaround involves the restructure of a financially challenged company with or without the use of a formal insolvency procedure. This is only relevant for companies that have a viable business that can, if freed from debt, trade profitably.The Turnaround culture for financially distressed companies now firmly exists. [...]

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Corporate Debt Solutions

Posted on 15. Dec, 2009 by Liquidation Advisors.

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You could be guilty of wrongful trading without realising it if you are, you could become personally liable for the debts of your Company
If youre a Director of a Limited Company & you have Corporate debts the first thing to appreciate is that you must separate your personal debts from [...]

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