If you are the director of a failing business with an outstanding #BounceBackLoan, you’ll understandably be concerned about what happens to that loan if the company cannot repay it. Everything you need to know right here 👇 scotlandliquidators.scot/company-liquid…

If a company’s performance dips and it enters insolvent liquidation, an overdrawn director’s loan account can have serious implications for you personally. #ODLA #DirectAdvice #Glasgow #Dundee #Aberdeen scotlandliquidators.scot/company-liquid…

It must be remembered that a director of a company has a legal duty to prioritise the interests of its creditors once it becomes clear that the company will not be able to realistically avoid insolvent liquidation. creditman.co.uk/guest-blogs/wh…

Failing to meet your legal responsibilities as a #startup company director can lead to serious ramifications, including director disqualification and having to personally repay any financial loss the company incurred. (via Startups Magazine) #DirectorAdvice startupsmagazine.co.uk/article-unders…

If you are looking to switch or remove your company’s insolvency practitioner, it is important to understand what part of the voluntary liquidation or administration process you are currently at and what reasons you have for wanting to change. #Insolvency realbusinessrescue.co.uk/company-insolv…

How Scots can improve energy-efficiency in their home to reduce energy costs? #Scotland #Edinburgh #Dundee #Glasgow scotlanddebt.co.uk/articles/cost-…

While one closure option may represent a saving in time, another may better meet a saving in terms of tax and overall cost. Due to this, what may be appropriate for one client may be wholly unsuitable for another. #Accounting aiaworldwide.com/news/news/how-…

UK General Election 2024: What Labour’s win means for individuals and business owners #ElectionResults #Labour realbusinessrescue.co.uk/advice-hub/uk-…

What impact does company liquidation have on employees? #Emloyees #Employer #Liquidation scotlandliquidators.scot/director-advic…

I cannot afford to repay my Bounce Back Loan – What are my options? 🤔 ukliquidators.org.uk/company-debt-a…

How Can Accountants Advise Solvent Clients When Closing A Limited Company? via AIA #Accountancy #Accountants #Finance aiaworldwide.com/news/news/how-…

Placing a company into Administration can be a complicated process and it’s not something to take lightly. In this article, we’ll explain when you can put a company into Administration, how you do it and what the process looks like. begbies-traynorgroup.com/company-admini…

If a #BounceBackLoan is one of several debts the company has but you still believe the business is viable, there are other options available to you. scotlandliquidators.scot/director-advic…

Can I close a company with an overdrawn director’s loan account? 🤔 #Scotland #Glasgow #Aberdeen #Dundee #Business scotlandliquidators.scot/company-liquid…

What Is A Restoration By Court Order? And Why Are Companies Reinstated To The Register? begbies-traynorgroup.com/strike-off/wha…

Here we look at several routes into insolvency, and see how the meeting of creditors is handled during each process. #Insolvency #BusinessClosure #DirectorAdvice begbies-traynorgroup.com/articles/insol…

Why would Companies House forcibly strike off my company? companyclosure.org.uk/advice-hub/can…

Scottish businesses face steep rise in financial distress | Begbies Scotland Begbies Traynor Group scottishfinancialnews.com/articles/scott…

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