0800 313 4331 consult@interco.com
Liquidate Safely

Liquidate SafelyInsolvency Solutions Liquidate Safely

When the scale of debt is too great to save a Director’s current company, Insolvency Solutions keeps you firmly in control, facilitates any request to acquire assets, helps avert any claims of personal liability, and avoid any threat of disqualification.

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PREVENT WINDING UP ORDER

If our client receives a Winding Up Petition, Insolvency Solutions acts urgently to have it withdrawn, or its advertising postponed, while you meet the debt, challenge the claim, or instruct a Creditors Voluntary Liquidation.

Why? once advertised, the Petition will freeze the bank account, prevent sale of assets and force trading to stop immediately. If granted, a Winding Up Order will trigger investigations of Director conduct by the Official Received which can lead to Disqualification and being made personally liability for Company debts.

When the scale of debt is too great to save a Director’s current company, Insolvency Solutions keeps you firmly in control, facilitates any request to acquire assets, helps avert any claims of personal liability, and avoid any threat of disqualification.

PREVENT WINDING UP ORDER

If our client receives a Winding Up Petition, Insolvency Solutions acts urgently to have it withdrawn, or its advertising postponed, while you meet the debt, challenge the claim, or instruct a Creditors Voluntary Liquidation.

Why? once advertised, the Petition will freeze the bank account, prevent sale of assets and force trading to stop immediately. If granted, a Winding Up Order will trigger investigations of Director conduct by the Official Received which can lead to Disqualification and being made personally liability for Company debts.

CREDITORS VOLUNTARY LIQUIDATION

Directors who need to cease company trading naturally seek the least possible fuss and investigation. However, the duty of a Licensed Insolvency Practitioner is to represent the interest of Creditors.

To minimise difficulties for its Director clients, Insolvency Solutions first undertakes a careful prior review with you, of facts and causes, reviews your own status as owed money, or vice versa, highlights any accounts matters which may benefit from review or re-presentation. and helps you author a Directors report. This report already provides our colleague Insolvency Practitioner with explanations for use with creditors and the insolvency service, when you then formally instruct him as the proposed Liquidator.

Once the Liquidator is appointed, we continue to help you with such further matters as collection of book debts, purchase of assets, or negotiating settlement of Personal Guarantees.

TROUBLE FREE LIQUIDATION?

Give me a call to discuss a safely managed CVL…

Michael OConnor Insolvency SolutionsMichael O’Connor M.A Managing Consultant

Portsmouth : 01243 624716 – Bromley : 0208 468 1033
or email :

TROUBLE FREE LIQUIDATION?

Give me a call to discuss a safely managed CVL…

Michael O’Connor
M.A Managing Consultant

Michael OConnor Insolvency SolutionsPortsmouth :01243 624716
Bromley :0208 468 1033
or email :

 

Interco Management Services Limited

Lakeside North Harbour – Western Rd – Portsmouth – PO63EZ – 01243 624716

1 Bromley Lane – Chislehurst – Bromley – BR76LH – 0208 468 1033

Interco Management Services Ltd

Western Rd : Portsmouth : PO63EZ : 01243 624716

1 Bromley Lane : Bromley : BR76LH : 0208 468 1033