Tag Archives: Insolvency Practitioner
Advice Debt IVA: Helping You to Evade Financial Embarrassments – by Daren Jone
Posted on 18. Dec, 2009 by Company Bankruptsy Advice.
<p>Because of elevated rate on interest, the debt remain as such even with the regular monthly payments. To reduce such severity of debts, the loan lending services in UK have introduced the <a href="http://www.ivaadvice.biz/advice_debt_iva.html"> advice debt IVA </a>. If you are unable to repay the loan amount or the interest rate, you have to file [...]
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About Paul Johnson
Posted on 16. Dec, 2009 by Company Bankruptsy Advice.
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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Pre Pack Administration
Posted on 16. Dec, 2009 by Company Bankruptsy Advice.
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 Company Bankruptsy Advice.
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 Company Bankruptsy Advice.
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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