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
Overdrawn Director's Loan Accounts in Insolvency
An Overdrawn Director's Loan Account occurs when a director owes the company...
How to remove a CCJ from my Company
When a creditor is not paid they may seek to get a County Court Judgement (CCJ),...
Glossary of Insolvency Terms
We have introduced a glossary of some of the terms used on the main website....
How can I legally take money out of my limited company?
When you set up your limited company, you may think you can dip into your...
Personal Guarantee Insurance (PGI) What is it?
Personal Guarantee Insurance helps out those who have signed a personal...
Can A Director Become Personally Liable For The Company Debt?
Generally, a director is not liable for their company's debts unless they have...
County Court Judgements (CCJ) and what you can do about them
A County Court Judgement is where an order has been made by the Court to compel...
Insolvency Test for the Sole Trader
Am I, as a sole trader, insolvent?
You may think that being under cashflow...
Sole Trader Lawyers Cashflow problems
I am a very worried solicitor. My legal practice is under growing pressure from...
Sole Trader Lawyers Plan B
I am a worried solicitor practising as a sole trader; What options do I have for...
Individual Voluntary Arrangement For Partners
An individual voluntary arrangement is a formal deal between the individual...