Posts Tagged ‘refinance’

Aggressive Creditors & Liabilities: Rethink & Refinance

Aggressive Creditors & Liabilities: Rethink & Refinance

Aggressive Creditors & Liabilities: Rethink & Refinance Under the provisions of the Insolvency Act 1986, a company and its Directors need to be careful when continuing to trade knowing the company is insolvent. In basic terms, once realising a company is insolvent, Directors are deemed to be personally liable for increasing debts from the point that…

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