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
Can’t Pay Back Bounce Back Loan
Bounce back loans are loans that are 100% backed by the government. If you...
Personal Liability For Bounce Back Loans
Bounce Back Loans were aimed at smaller businesses and directors would not be...
Will My Bank Issue A Winding Up Petition For A Bounce Back Loan
This is a legitimate question to ask. The moratorium on winding up petitions...
What if I Can't Pay Back My Coronavirus Business Interruption Loan (CBILS)
Directors may worry that they may not be able to pay back CBILS loans that have...
Investigation of Directors over Covid Loans and Furlough
New legislation has been enacted to make it easier to investigate and prosecute...
What Action Can the Insolvency Service Take Against Directors?
If you have taken a Bounce Back Loan under false pretences, or have taken most...
Will the Bank Close My Account if I Cannot Pay My Bounce Back Loan or CBILS
Will the Bank Close My Account if I Cannot Pay My Bounce Back Loan or CBILS
Lloyds Banking Group Closing Companies’ Bank Accounts For Failing To Pay BBLs
In quite an extraordinary development, companies are now receiving letters from...
Can I Liquidate My Company With A Bounce Back Loan?
The short answer is yes you can liquidate your company with a bounceback loan. ...
Can I Strike Off A Company With A Bounce Back Loan
If you have a bounce back loan which you cannot pay back, you may to tempted to...