Liquidation Advice

 

Your Life After Liquidation

Ok, so your company is now going into Liquidation – now what?  In most cases you can carry on as if you had never had the company in the first place.   There are a couple of potential stumbling blocks.

Personal Guarantees.  If you have given a guarantee on a debt (banks tend to ask for these) then you will have to deal with this.  You are now personally liable for that debt.  In most cases though they will just want to come to a repayment plan.

VAT.  If the VAT have lost a significant amount of money through your previous Liquidation then they may ask for a deposit on your future VAT payments (if your new company is VAT registered, of course).

Banks.  Depending on the bank you use, and your history with them, they may well want to know why the company went into Liquidation.  Some are more stringent on this than others.

Apart from that, there are few side effects to worry about, just spend your time getting on with your new life.

How can we help

Unlike other Liquidation Companies, we have structured ourselves and our Voluntary Liquidation Services in a way that benefits you the most. By Liquidating through us, we will:-

• Make sure your interests are looked after
• Make sure your Liquidation goes as smoothly as possible
• Deal with any problems before they arise
• Reduce the chances of needing us again
• Take as much pain as possible out of Voluntary Liquidation

Make a fresh start in Business today - call 0800 612 10 84 now.

Next Steps... What happens if I don't Liquidate?How do I start the ball rolling to Liquidate my Company