Corporate and Personal Recovery
Limited Companies
- Creditors Voluntary Liquidations
- Member Voluntary Liquidations (MVL)
- Winding up petitions & winding up orders
- Company Voluntary Arrangements (CVA)
- CCJ Enforcement Options
- Administrations - Index & freezing creditors
- Administrative Receivers - The 15 September 2003 key date
- Law of Property Act Receivers
- Directors Disqualification
- Insolvency Index to Don't Do this
- Controlling the Liquidator
- If you can't afford liquidators costs and fees
- Employees
- The Prescribed Part
- Personal Guarantee Liabilities
Personal Guarantee Liabilities called in by Company bankers - Then a Phoenix Company Restructure
How to save huge amounts of tax by not having to pay the guarantee out of after tax income
If a director has given personal guarantees to the Company bankers (or to any other party) and that guarantee is called upon then you may wish to read the pages on this website concerning Individual Voluntary Arrangements (IVA's) and bankruptcy and the other alternatives available to you.
Of more promise - If you have given a personal guarantee to the bankers to your limited company and that company fails and is replaced by a phoenix company we can provide advice as to how to restructure the bank debt guarantee and save you a lot of tax. You do not have to pay the guaranteed amount back out of your own personal after taxed income.
