Insolvency Options for limited companies

The Insolvency choices - And Benefits obtainable from Liquidations, Administrations and Company Voluntary Arrangements

This section of the site addresses the insolvency options and choices open to limited companies facing cash or solvency pressures.  The available insolvency options can provide different benefits.

As you dig deeper into the index on the left hand side of this page you will read the law, an explanation and simple Case Studies concerning the insolvency options available to limited companies. You can then learn more about the following insolvency options:

• Option 1 - how to legitimately set up a phoenix company - and how you then benefit from a sharp reduction in the sums of money owing.

• Option 2 - when a CVA (Company Voluntary Arrangement) might be appropriate - and how you then effectively benefit from your creditors giving your company extended credit over several years.

• Option 3 - how it is sometimes possible to avoid a formal insolvency process altogether - and benefit from much lower costs or no costs at all

• Option 4 - how to obtain breathing space from creditor action by the use of an Administration to freeze creditors actions - and benefit from not having your company assets being seized - instead you obtain time to plan a way forward.

• Option 5 - how to save the underlying business by using a pre pack administration - and benefit from restructuring your company liabilities.

We can advise you free of charge of the insolvency options open to your limited company - choices and options that address the particular financial circumstances of your company and your personal objectives.