Limited Company Debts - Corporate Insolvency

McCambridge Duffy have been helping businesses and individuals regain control of their finances for over 75 years. Our Corporate Insolvency department deals with Sole Trader Debts, Limited Company Debts and Partnership Debts.

If you get into financial difficulties, whether in your business or personal life, you need practical advice and solutions which are constructive and achievable.

We can quickly analyse your situation, assess the options and help you reach the right debt solution.

Whether you are seeking additional finance or need assistance to manage your personal or commercial financial situation we aim to assist by providing creative solutions to problems based on your circumstances.

We can advise on the following Limited Company Debts Solutions...

• Administration - When a company gets into financial trouble an administrator may be appointed to help the company through the difficult times and start trading again if possible.
  
• CVA - A Company Voluntary Arrangement (CVA) is an insolvency procedure which allows a financially troubled company to reach a legally binding agreement with its creditors.
  
• Liquidation - Liquidation usually means, the company's trading stop and its assets are turned into cash or "liquidated". All other possible liabilities, like employment or renting are stopped.
• Recievership - When a company borrows money from a bank on an overdraft or loan, it will be common for the bank to ask for a security (debenture) against such a loan.