Just a quick note to say a big thank you to all the staff at KSA, our CVA was passed today by creditors voting in an overwhelming number including HMRC to accept the proposal as prepared by KSA.
The road to reach today’s conclusion has been bumpy, but at each stage your team has supported and guided us through the issues and we have reached a very satisfactory outcome to the benefit of customers, staff, all creditors and shareholders.
Guides
Mutual Assistance Recovery Directive
KSA has experienced a situation where the German Tax Authority was pursuing a UK...
What Happens To My Pension If My Employer Goes Into Administration?
Is my pension safe if my employer goes into administration?
The consequences...
Statement of Insolvency Practice 16 | SIP 16
The statement of insolvency practice (SIP 16) is produced by the Insolvency...
My Business Is Making Me Depressed
What can I do if my business is making me depressed?
Depression is a mental...
Creditors Voluntary Liquidation CVL - Frequently Asked Questions
These frequently asked questions and their answers will give more detailed...
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HMRC is what is called a “sophisticated creditor” in that they know all the best...
How to get help with VAT arrears
Is your business suffering from VAT arrears? Failure to pay VAT on time can lead...
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A personal guarantee is a guarantee by an individual, to cover, backup or...
What is the Enterprise Finance Guarantee Loan?
The Enterprise Finance Guarantee Loan (EFG) is a loan guarantee scheme to...
Business Bankruptcy Advice
Only individuals can go bankrupt - not companies!
If a partnership or company...
Case Law Regarding Notice of Intention to Appoint and Winding up Petitions
Two recent Court decisions have brought into question the use of NOIs for...
Financial Forecasts in a CVA
If you are thinking of making a CVA (or IVA/PVA) proposal to your creditors then...