What is a Creditor Voluntary Liquidation?


voluntary liquidation, finance, management, debt, asset

A creditors' voluntary liquidation is usually a solution used by directors or shareholders that have found themselves with their backs up against a wall and unable to pay the bills on time.



Kweeped from www.companydebt.com by benjam 2644 days ago
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Company Voluntary Liquidation Benefit

Kweeped from www.companydebt.com by joblade 2606 days ago

A creditors' voluntary liquidation allows you to write off any company debts that are not secured or personally guaranteed. This is due to the limited liability status of your company and you would be forgiven if, as a director, you saw this as a benefit. [...]

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